LNG curbs put dent in confidence: Inpex chief

Written on the 23 October 2017

The Federal Government should be careful about curbing LNG exports because of the potential long-term damage to overseas markets, the head of Inpex in Australia has warned.

Seiya Ito said "loudly announced" restrictions on exports to deal with a gas shortage on the east coast could dent the confidence of Australia's image with Japanese buyers as a stable LNG supplier.

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Local businesses were last week promised a boost in the economy by key stakeholders in the resource sector at the Chamber of Commerce's first business breakfast of the year. Representatives from the Department of Mines and Petroleum, INPEX, Shell and Buru updated the public on their projects surrounding Broome and the impact they will...

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