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Australia plans to extend gas price cap till mid 2025

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Australia plans to extend gas price cap till mid 2025

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Natural Gas News
Australia plans to extend gas price cap till mid 2025

Summary

The cap can, however, can be relaxed for big producers who agree to domestic supply commitments and small producers who supply only to the local market. by: Shardul Sharma

The Australian government plans to extend the gas price cap of A$12 ($8)/gigajoules announced late last year till at least July 2025, it said on April 26. The cap can, however, be relaxed for big producers who agree to domestic supply commitments and small producers who supply only to the local market. The gove...