ANALYSIS: The great gas rort: What should the new government do?
In response, Turnbull created the Australian Domestic Gas Security Mechanism — a strategy designed to limit exports in the event of a domestic shortage.
"In 2022, the expected domestic supply from the LNG producers is about 50 per cent less than the actual supply in 2017 and 2018.""It's this rapid and significant reduction in domestic supply from the LNG producers that's contributed to the tight and uncertain conditions in our domestic market. But there is a greater sovereign risk in allowing one industry to cripple others and damage the broader economy.
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