Australia’s $200bn LNG boom waylaid

Bloomberg

Cooks on strike and cracked equipment are among the latest maladies to undermine Australia’s $200 billion push to become the world’s biggest liquefied natural gas (LNG) exporter.
More than a year after the completion of a decade-long LNG construction boom, two of the seven marquee projects haven’t been able to work right, the nation’s east coast urban centers face an impending gas shortage blamed partly on exports, and the government is receiving relatively meager tax revenues from fuel sales.
The setbacks are heating up a public debate
between the pro-fossil fuel government and
environmentalists over the role gas should
play in the country’s virus recovery and energy future.

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