Carrie Trembath (ILF2017)
The Australian
The Albanese government’s proposed mandatory code of conduct has created investment uncertainty over new gas projects, Beach Energy has warned.
The company is focused on its Waitsia Stage-2 project in the Perth Basin and offshore Victoria Otway developments, the latter of which will bring another 100 terajoules of gas into the east coast market when it comes online later this year.
The proposed “reasonable price provision” is part of an incoming code of conduct for the industry, which the market believes is likely to be introduced within weeks.