STO News: Explainer-Australia reviews gas export curb trigger as domestic shortfall looms - 1st Aug 2022, 4:43pm

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By Sonali Paul

MELBOURNE (Reuters) - Australia's competition watchdog on Monday warned the country's east coast faces a gas supply shortfall in 2023, prompting the government to consider whether to impose curbs on exports of liquefied natural gas (LNG) for the first time.

The export controls can be triggered by using the Australian Domestic Gas Supply Mechanism (ADGSM), set up in 2017 and originally due to expire in 2023. On Monday, Resources Minister Madeleine King extended the mechanism, whi...

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