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By Sonali Paul
MELBOURNE (Reuters) - A gas seller that supplied 7% of the eastern Australian market has collapsed due to soaring global gas prices, the first significant casualty in the country from the global gas supply crisis due to sanctions on Russia for its invasion of Ukraine.
The Essential Services Commission on Tuesday suspended private gas retailer Weston Energy from the wholesale gas market for failing to meet financial security requirements and said the company's 184 large and mediu...
>>> Read more: Global gas crunch claims first Australian trading casualty
MELBOURNE (Reuters) - A gas seller that supplied 7% of the eastern Australian market has collapsed due to soaring global gas prices, the first significant casualty in the country from the global gas supply crisis due to sanctions on Russia for its invasion of Ukraine.
The Essential Services Commission on Tuesday suspended private gas retailer Weston Energy from the wholesale gas market for failing to meet financial security requirements and said the company's 184 large and mediu...
>>> Read more: Global gas crunch claims first Australian trading casualty
