The flagship of its endeavours is Inpex's $60-billion Ichthys facility, which takes gas from waters off WA's north before piping it almost 900 kilometres to Darwin, where it is turned into LNG.Apart from the fact that it meets about 10 per cent of Japan's LNG needs, Inpex is also 21 per cent-owned by the Japanese government itself.
From a relative embrace of gas as recently as the 2000s, governments of all stripes and in most states have been cracking down on the behaviour and growth plans of the industry's players.Many of the decisions have been motivated by environmental concerns about the effects of gas production.There have been temporary and permanent bans on onshore gas exploration from Tasmania to New South Wales, steeper hurdles for project approvals and potential curbs to exports.
There are plans, which could feasibly be fast-tracked, to gradually bring back online a number of those reactors to fill any void in the coming years. "I hope this point is obvious to all of you and that you appreciate that this outcome would represent a direct threat to the rules-based international order essential to the peace, stability and prosperity of the region, if not the world," Mr Ueda said.It would also be worth keeping in mind that Mr Ueda is an investor with a lot of money on the line and may, to a certain extent, be talking his own book.
meanwhile in Australia we cant get cheap gas.Weird.
Lets not talk about the War,eh.
The greens are giving Russia a free kick.
They're attempting to help us. They're saying guarantee supply or we will buy Russian gas on the international black market. It's our choice.
Inane green policies affect modern society, who’d a thunk it
Australia is weaponising energy...
Love it when the ABC is confronted with a view that conflicts with their biases the response is it’s hyperbole.
So it has been exposed how little this will affect Australians and now we are going the harm to others route? DontLookUp
Australians are worried about Australia’s energy policies too.
That’s what happens when a country falls into the hands of google educated economic vandals.
They aren’t worried , they are just reminding us how stupid we are to stop using our abundant fossil fuels or uranium .
It’s not Japan, it’s a gas company. Surprise Surprise.
It will be a higher cost to the consumer at a time when the consumer is already struggling with higher costs across the board... Far from Labors promise to lower the cost of living.
Japan isn't; Inpex is.