Japanese LNG Importers Brace for Australia’s May Elections

Importers of liquefied natural gas in Japan are bracing for the possibility that long-term supplies from one of the world’s top exporters could become uncertain. Australians are heading to the polls on May 3 and, according to Reuters, whichever party wins, there may well be less LNG for exports than before the elections. Australia has been balancing on the edge of a domestic natural gas shortage because of its prioritization of exports, and this has turned into a major election issue in the run-up to the May 3 vote. The current Labor government…