Original article by Angela Macdonald-Smith, Elouise Fowler, Tom McIlroy
The Australian Financial Review – Page: Online : 22-Jan-21
The federal government’s revised Heads of Agreement with Queensland LNG gas exporters on domestic gas supply has not been well received by industrial gas buyers, with the agreement imposing little or no conditions on pricing. Stephen Bell, the CEO of gas-dependent plastics maker Qenos, says the new agreement offers no basis for any confidence that competitive prices can be achieved, while Australian Workers’ Union national secretary Daniel Walton said the agreement "sells out Australian manufacturing workers". Federal Resources Minister Keith Pitt claims the government had never set a specific price target for gas.
QENOS PLASTICS PTY LTD, AUSTRALIAN WORKERS’ UNION-FEDERATION OF INDUSTRIAL, MANUFACTURING AND ENGINEERING EMPLOYEES, AUSTRALIA. DEPT OF INDUSTRY, SCIENCE, ENERGY AND RESOURCES