Government may step in, PM warns gas sector

Original article by Sarah Martin
The Australian – Page: 1 & 2 : 20-Apr-17

Prime Minister Malcolm Turnbull held further talks with energy industry CEOs on 19 April 2017, as part of the Federal Government’s efforts to resolve the gas crisis. However, the energy groups’ failure to offer new strategies to increase domestic gas supplies prompted Turnbull to raise the prospect of more government intervention in the sector. The Government has also asked the Australian Competition & Consumer Commission to use its inquiry powers to investigate the domestic gas market over the next three years.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, ROYAL DUTCH SHELL PLC, AUSTRALIA. DEPT OF THE ENVIRONMENT AND ENERGY, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, THE AUSTRALIAN INDUSTRY GROUP

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