Westernport: Paying for Government Error

Westernport: Paying for Government Error

If AGL is allowed to proceed with its floating storage regasification unit this is what I feel about it:

“Environment Minister Lily D’Ambrosio said the government supported the facility due to its potential to bring cheaper gas to Victoria. She said strict environmental requirements would need to be met before any decisions were made.”

Just one month ago, Daniel Andrews said on Radio Melbourne, “it is not a gas shortage, we produce in Victoria double the amount of gas that we use each year, about 405 Pda joules that what we produce, we use just over 200 pj’s every year.  What they’re saying (AGL) is that so broken is the gas market that they can land Australian gas back here in Victoria cheaper than we can buy it, it is a very, very broken system and they think there is an opportunity, not because of a shortage but because of market failure if you like to be very, very profitable.

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