Advertisement
UK markets closed
  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     
  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     
  • AIM

    789.87
    +6.17 (+0.79%)
     
  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     
  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     
  • Bitcoin GBP

    48,589.92
    -1,657.94 (-3.30%)
     
  • CMC Crypto 200

    1,260.86
    -97.15 (-7.15%)
     
  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     
  • DOW

    39,512.84
    +125.08 (+0.32%)
     
  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     
  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     
  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     
  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     
  • DAX

    18,772.85
    +86.25 (+0.46%)
     
  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     

Australia PM says to curb LNG exports if producers do not fill shortfall

MELBOURNE, Sept 25 (Reuters) - Australian Prime Minister Malcolm Turnbull said his government will curb liquefied natural gas (LNG) exports in 2018 if the three gas export plants on the east coast fail to fill a projected shortfall, which is bigger than previously expected.

"If we are not able to receive the assurances from the industry to our satisfaction and that of the ACCC (Australian Competition and Consumer Commission), then we will impose those export controls," Turnbull told reporters following a meeting with top ministers and the competition watchdog.

(Reporting by Sonali Paul; Editing by Tom Hogue)