Australia considers limiting LNG exports to avoid domestic shortfall

Economy

Australia is considering restricting exports of liquefied natural gas next year as it may face a shortfall in domestic supply possibly caused by an increasing overseas demand, the country's resources department has said, amid the energy crisis stemming from Russia's invasion of Ukraine. But the restriction will be "a measure of last resort" given the reliance of overseas customers on Australian LNG for energy security, a spokesperson of the Department of Industry, Science and Resources told Kyodo News on Monday. "We will carefully balance meeting energy needs at home with LNG producers' contra...

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