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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Source: thewest.com.au


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We had a pretty good week all in all on the local market last week. This came on the back of a a good NAB Business Survey that saw confidence nudging feel good levels akin to pre-GFC numbers. The service industries were a stand out and high commodity prices gave a boost to the mining sector. In fact , iron ore prices were up a further 7% last we...

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