Australia’s LNG Industry Warns Policy Uncertainty Is Hurting Investment

Australia’s energy producers are calling for state and federal support in faster approvals of new projects and fiscal stability.

These could help the world’s third-biggest LNG exporter grow its overseas markets amid the expected years-long turmoil in the global gas market in the wake of the Iran war.

Producers want long-term predictability in taxation, as well as faster permitting processes and environmental reviews from the state and federal governments.

As a whole, the industry seeks clarity and certainty that would incentivize producers…