Shell Resumes Gas Supply to Australian Market

Shell Resumes Gas Supply to Australian Market
A photograph taken on March 8, 2022, shows the logo of energy giant Shell at a petrol station, in Bochum, western Germany.Ina Fassbender/AFP via Getty Images
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Global energy giant Shell has lifted its suspension on new gas contracts to Australian businesses a week after the competition watchdog warned it would penalise companies that breach the temporary gas price orders.

Following a near six-week freeze on gas talks in response to the federal government’s emergency cap on wholesale gas prices at $12 per gigajoule, Shell is offering an additional eight petajoules of gas to the domestic market.

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