Following the newly introduced gas price caps on the industry, Australia is now in a “state of paralysis”, says Credit Suisse Energy Analyst Saul Kavonic.
“We’re now left in a state of paralysis across the gas market,” he told Commentator Steve Price.
“No one is able to really do anything.
“Producers are still trying to get simple answers to basic questions about how the policy works and they’re not able to actually deliver any contracts in the market in the meantime.”
