Australia

Gas companies put on notice over looming shortfall amid ACCC report

Gasoline firms have been placed on discover over a looming shortfall, which the buyer watchdog says may pressure some companies to close down.

Australian Competitors and Client Fee (ACCC) has launched an interim report on the east coast’s gasoline provide, projecting a 56 petajoules shortfall.

It’s urged the federal government to contemplate stepping in and doubtlessly pull the home gasoline set off, which might pressure exporters to maintain extra provide in Australia.

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