How the Iran war exposed Australia's energy mistakes

How the Iran war exposed Australia's energy mistakes

0 Anmeldelser
0
Episode
264 of 250
Længde
21M
Sprog
Engelsk
Format
Kategori
Fakta

When the Strait of Hormuz closed, global gas prices doubled seemingly overnight. As one of the world’s biggest gas exporters, the spike should have meant a big payday for Australia. Unfortunately, it hasn’t played out like that because Australia has a habit of locking in energy deals that look increasingly out of step with reality. Case in point: our long-term gas agreements with Japan.

In an extremely volatile market, Australia continues to ship gas offshore at low, fixed rates, while Japan on-sells it at a profit. As domestic prices rise and supply tightens, the consequences of this not-so-great deal are landing at home. So how did one of the world’s largest gas exporters end up with so little flexibility?

Follow If You're Listening on the ABC Listen app.

Check out our series on YouTube: https://www.youtube.com/playlist?list=PLDTPrMoGHssAfgMMS3L5LpLNFMNp1U_Nq


Lyt når som helst, hvor som helst

Nyd den ubegrænsede adgang til tusindvis af spændende e- og lydbøger - helt gratis

  • Lyt og læs så meget du har lyst til
  • Opdag et kæmpe bibliotek fyldt med fortællinger
  • Eksklusive titler + Mofibo Originals
  • Opsig når som helst
Prøv nu
DK - Details page - Device banner - 894x1036
Cover for How the Iran war exposed Australia's energy mistakes

Other podcasts you might like ...