Business
‘Strip out export costs’: Gas buyers escalate pricing debate – The Australian Financial Review
Gas-based manufacturers argue they shouldn’t have to help cover the capital costs of the LNG export projects in Gladstone.
The ACCCs LNG netback price is referred to in the federal governments Heads of Agreement with the Queensland LNG exporters on domestic gas supply. Under the revised Heads of Agreement announced in January, the three LNG exporters are obliged to have regard to those prices when offering gas under contract to the domestic market.
That doesnt help manufacturers at the moment, after an extreme spike in spot LNG prices in Asia which has driven netback prices at Queenslands Wallumbilla gas hub to a record.
…
-
General23 hours agoCohealth’s closure of three Melbourne GP clinics to affect 12,500 patients
-
General24 hours agoMarnus Labuschagne scores century for Queensland in Sheffield Shield against South Australia
-
Noosa News20 hours agoWhat Halloween decoration is accused of endangering birds? Take the Brisbane Times Quiz
-
General10 hours agoDemography Manifest