Its only onshore gas exploration that has been halted as far as I am aware. Is there really that much prospective onshore gas to alleviate the shortfall? My understanding was that this is absolutely not the case.
The other way of analysing the article is to question why retailers do not want to commit to offtake agreements. Is it pricing? or an expectation that demand that is here in the next few years will be gone in the medium term?
The overarching worry from this article is that a project to sell gas into the east coast market with a cost of about $250 mill ( a fraction of Orbost) is not viable.
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