Via the AFR:
AGL Energy’s proposal to import LNG into Victoria is understood to be driving a push to force a restructuring of the utility or impose conditions around the plant’s operations amid worries it will only cement the company’s strong market position in the state suffering most from high gas prices.
The debate around the impact of the proposed $250 million Crib Point LNG import terminal comes as investors have started to worry about a political push for a break-up of AGL, despite uncertainty how this could be pursued.