Energy market must be a 'two-way street' for energy buyers and sellers: Prime Minister | Sky News Australia

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Energy market must be a 'two-way street' for energy buyers and sellers: Prime Minister | Sky News Australia
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Prime Minister ScottMorrisonMP has called for a 'two-way street' between gas buyers and sellers to ensure a 'competitive' and 'transparent' energy market leads Australia's recovery effort out of the coronavirus pandemic.

|Prime Minister Scott Morrison has called for a "two-way street" between gas buyers and sellers to ensure a "competitive" and "transparent" energy market leads Australia's recovery effort out of the coronavirus pandemic. "We need a competitive market that allows for fair bargaining between gas buyers and sellers," Mr Morrison said.

Mr Morrison said the government would create the conditions for "an open and transparent trading hub" and act as "an honest broker" to match supply and demand. "We will also move immediately to extend the heads of agreement with the east coast LNG exporters and ensure they meet their end of the bargain to provide competitively priced gas to the domestic market," he said.

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