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Energy Minister unveils $50 million plan to avoid Euro-style gas shortage

Peter Gleeson
Article image for Energy Minister unveils $50 million plan to avoid Euro-style gas shortage

The federal government will accelerate seven gas projects, as part of a $50 million investment in next Tuesday’s budget.

Gas infrastructure is being fast-tracked to ensure supply, as a result of Russia’s invasion of Ukraine.

“Those huge price rises that have happened in Europe and in Asia … haven’t occurred here,” Energy Minister Angus Taylor told Neil Breen.

“The reason is we’re getting gas out of the ground at a greater rate than we have in the past.

“We’ve got to keep gas coming out and getting to the right places.”

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Image: Getty

Peter Gleeson
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