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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Market Report with Paul Wareing - March 15, 2017

The ASX200 had a positive week and ended 0.8% higher. The Aussie dollar drifted lower down 0.7%, oil was hit hard on higher US stockpiles and production, gold drifted lower on the much anticipated US interest rate move and iron ore continued south. As expected the Reserve Bank of Australia kept interest rates on hold and maintained a neutral sta...

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