Australia risks throwing away advantage over US in gas, Japan think tank warns at Financial Review Asia summit

Australia risks failing to capitalise on the unpredictability of US energy exports under President Trump because of uncertainty on the rules for its east coast gas market and the world’s toughest emissions limits for LNG, the head of a Tokyo-based energy think-tank has warned.

Tatsuya Terazawa, chairman and chief executive of the Institute of Energy Economics in Japan, said a rebound in demand for electricity in Japan meant gas would remain an important fuel, with Australia “a very, very important supplier” of LNG both for Japan and the broader Asian region.

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