Is this industry propaganda trying to create a fait accompli?
Industry sources have told The Australian that there are growing indications the government will amend the proposed scheme, as it is aware its original design risks undermining investment in future gas supplies.
One of the most contentious elements is the requirement that LNG exporters make 110 per cent of forecast domestic gas demand available to Australian buyers, an obligation the industry claims could distort the market and drive down prices to levels that discourage new exploration.
