Mmastodon BusinessEconomy first seen 9 h ago, last 3 h ago, peak #1
Australia accused of being shortchanged on gas exports
Original: ## Gas Industry taking Australians for mugs! As if it wasn’t enough that # Japan *onsells* the gas it buys from Australi
Criticism is mounting in Australia over gas export arrangements, with claims that Japan on-sells Australian gas via Singapore trading companies at a profit, and that China is now doing the same. Commentators argue successive governments have allowed the industry to take advantage of Australia, leaving the country underpaid for its own resources while foreign buyers profit from resale.
Why now: Frustration over Australia profiting little from its own gas while foreign buyers resell it for gain
AustraliaJapanChinaSingaporegas industry
Rank over time, top of the chart is #1. 5 snapshots from 9 h ago to 3 h ago.
Evidence
- ## Gas Industry taking Australians for mugs! As if it wasn’t enough that # Japan *onsells* the gas it buys from Australia (through # Singapore companies) at a handsome profit, now # China is doing it as well. It speaks volume for how easy it is to con our govt into submission… · RaymondPierreL3@aus.social · 4
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