21 04, 2021

Why Natural Gas Prices in Australia Are Unsustainable

2021-05-10T16:07:29+00:00April 21, 2021|Categories: Uncategorized|

Natural gas prices in Australia do not make much sense. Australia is the world’s largest exporter of liquefied natural gas (LNG).LNG Industry. (2020). Australia officially the world’s largest exporter of LNG. [online] Available at: https://www.lngindustry.com/liquid-natural-gas/06012020/australia-officially-the-worlds-largest-exporter-of-lng/ [Accessed 9 Apr. 2021]. Yet, domestic gas prices have risen by more than 130 per cent since LNG exports at Gladstone, Queensland began in [...]

21 04, 2021

Australia’s Natural Gas Prices in 2021: Trends, History and Future

2021-05-10T12:28:40+00:00April 21, 2021|Categories: Uncategorized|

Australia’s natural gas prices 2021 reflect an industry that is out-of-date and in decline. Queensland’s natural gas consumers are currently paying 51 per cent above the equivalent export prices.Institute for Energy Economics & Financial Analysis. (2019). IEEFA update: Coal seam gas is high cost gas for Queenslanders. [online] Available at: https://ieefa.org/coal-seam-gas-is-high-cost-gas-for-queenslanders/. Natural gas production sets the price for electricity in [...]

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