A bad smell for Australian agribusiness

America's decision to keep its LNG local is set to give the US agricultural industry – a traditional Australian rival – an enormous advantage, and potentially snatch local ammonia players.

Australian agriculture is starting to understand the long-term implications of the decision to export our vast reserves of natural, coal seam and shale gas as LNG, against the contrasting decision of the US to use its gas locally.

Both countries have similar gas reserves but the US is keeping its LNG local, using it to transform the nation (Global tremors for a US gas explosion, May 4).

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