Australian coal and gas prices soar as Europe scrambles for fuel - Sydney Morning Herald


3/3/2022 12:00:00 AM3 years 2 months ago
by Mike Foley, Nick Toscano

The war in Ukraine has sent prices for Australia’s fossil-fuel exports surging, as buyers in Europe and Asia scramble to cut their exposure to Russia.

Experts and analysts suggest Australian producers may also stand to benefit longer-term from the invasion of Ukraine, as the Russian energy sector finds it more difficult to finance new projects to m… [+2840 chars]

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