Original article by Nick Toscano
The Age – Page: Online : 17-Jul-23
A mandatory code of conduct governing the gas sector was released in the week ending 14 July, with the code coming after ongoing friction between gas producers and the federal government over proposals aimed at curbing rising energy prices. The code sees the extension of a $12-a-gigajoule cap on domestic gas sales until 2025, but exempts smaller producers who sell all their gas locally domestically rather than export it offshore as liquefied natural gas (LNG). Beach Energy has confirmed it qualifies as a small producer under the code, but it has expressed concern that ongoing market interventions and regulatory burdens could discourage investments in new gas supply projects.
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BEACH ENERGY LIMITED – ASX BPT