Australia's gas export industry sheds value while tightening local supply

Santos wipes more than $1bn from its LNG plant in Queensland - just a week after Origin announced a similar devaluationAustralia's natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value. Santos wiped more than $1bn off the value of its liquefied natural gas plant in Queensland on Tuesday, just a week after Origin announced a similar devaluation. Continue reading...