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We re a large exporter, alongside qatar and the us we re one of the world s largest exporters of lng. and our lng is really supporting emissions reductions and energy security in our partner countries. so that includes japan, korea, china and others. but in march, the un secretary general called on wealthy countries such as australia to urgently stop approving new fossil fuel projects. critics accuse canberra of failing to heed warnings from the intergovernmental panel on climate change and believe that gas is a fading resource. since 2014 in the electricity system, gas usage has collapsed, it s halved. and if we look out to 2030, our australian energy market operator says it will fall a further 34%. so you ve had a crash upon a crash. the reason for this is we re moving towards more renewables. clean energy now generates more than a third of australia s electricity. big companies are also looking at ways to become greener and use less power. innovation is a fundamental part of austral ....
Investing in more gas supply. we re a large exporter alongside qatar and the us with one of the world s largest exporters of lng. and our lng is really supporting emissions reductions and energy security in our partner countries. so that includes japan, korea, china and others. but in march, the u.n. secretary general called on wealthy countries such as australia to urgently stop approving new fossil fuel projects. critics accuse canberra of failing to heed warnings from the intergovernmental panel on climate change and believe that gas is a fading resource. since 2014 and the electricity system, gas usage has collapsed, it s halved. and if we look out to 2030, our australian energy market operator says it will fall a further 34%. so you ve had a crash upon a crash. the reason for this is we re moving towards more renewables. ....
WTI prices turned higher on Tuesday afternoon, following the bearish IMF global growth forecasts, as the API reported draw in crude stocks for the second week in a row ....
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Foreign minister speaking to bbc radio earlier today. we have been preparing. for many, many years, we ve been very open about this, that increasing energy dependency on russia is the wrong way to go. in our situation, we are not in a fear that we will be in shortage of natural gas. this is the result of the policy that we implemented several years ago to invest in lng terminal, to invest in another pipeline from norway to denmark, the baltic pipe that will be operational in september/october. let s bring in anna mikulska, an expert in european energy security from the baker institute at rice university. anna, welcome to the programme. do you think a voluntary 15% cut in gas usage is enough to see off a crash? thank you for having me. it probably depends thank you for having me. it probably depends which thank you for having me. it probably depends which country thank you for having me. it probably depends which country you - thank you for having me. it probably depends which count ....