Aussie Gas Users Struggle for Supply

Aussie Gas Users Struggle for Supply

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Australia's gas market faces challenges due to insufficient domestic supply, despite a growing LNG industry. The government, led by Prime Minister Malcolm Turnbull, considered restricting LNG exports to ensure local availability. The competition regulator is monitoring the market, but businesses struggle with short-term contracts and uncertain pricing. Efforts are underway to increase domestic gas production, but issues persist.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the main challenges faced by local users of gas in Australia?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions did Malcolm Turnbull threaten regarding LNG exports earlier this year?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the competition regulator been involved in the gas market?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What difficulties are businesses facing in purchasing gas contracts?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected trend for gas availability in Australia looking forward into 2018?

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