Jun 15, 2026 – 8.00pmShell chairman Andrew Mackenzie says this year’s global energy crisis could trigger a surge of foreign investment into Australia’s liquefied natural gas industry, but he warns against government policy interventions, such as a new tax on exports, that could deter the inflow of foreign capital.Speaking just hours after the United States and Iran declared a ceasefire that could reopen the supply of oil and gas through the Strait of Hormuz, Mackenzie said global energy markets remained “on a knife’s edge” and would suffer dislocation for at least a year, even in the best case.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
Global energy crisis can be Australia’s gas opportunity: Shell boss
However, Andrew Mackenzie warns against policy interventions, such as a new tax on exports, that could deter the inflow of foreign capital.
TL;DRAI
Shell chairman warns export taxes could deter foreign investment surge into Australia's LNG amid 12-month global energy crisis. Energy constraints threaten data-center capex and operational stability; policy volatility complicates enterprise IT infrastructure planning.
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