About the ieee's Australia'a export LNG plants
If the prediction made by this report that LNG supply glut is not going to be eased anytime soon is correct, readers would question whether the so-called loomimg energy crisis Australia' eastern coast states are to face is a just a hoax, if not a joke.
Do you need to use a bucket to reserve water when there is a flood? If this is their logic, you may guess they are not as sound as they are noisy.
If the world is so plentifully supplied with so many unwanted cargoes of LNG, Australians would be foolish not simply buy LNG futures from international markets to satisfy our domestic uses. In the worst case scenario, we just get a deal just equal, if not at all better than that Japanese had so far, won't our eastern states customers still be much better off than what they have now?
I guess the high price our domestic customers are paying is a problem with the retail chain that handles LNG supply within this country. If this problem is solved, all problems are solved.
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