disallowed/opinion/how-australia-blew-its-future-gas-supplies-20170928-gyqg0f.htmlIt was, crowed Howard, Australia's biggest single export deal. Ever.
"Needless to say, I am absolutely delighted. It is so good for Australia," he said. "This is the kind of outcome that will underpin the economic strength of this country."
June 2006: John Howard and then Chinese premier Wen Jiabao press a launch button to mark the beginning of deliveries of liquid natural gas to China's Guangdong province.Credit:AP
It was, he said, growing more expansive and breathless by the minute, "a gold medal performance".
It wasn't, though.
By 2015, it was being called the worst deal ever done. The Chinese by then were paying about one-third the price for Australian gas that Australian consumers themselves had to pay ... and they were guaranteed to continue doing so.
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