ACCC re­port find­ings

The Australian Energy Review - - NEWS -

Prices of­fered to large com­mer­cial and in­dus­trial users have come down from a peak of $16/GJ in early 2017 to within an $8-12/GJ range since July 2017. • Since Septem­ber, LNG pro­duc­ers had con­tracted 42 peta­joules (PJ) of gas un­der long-term gas sup­ply agree­ments to do­mes­tic buy­ers for sup­ply in 2018. • Col­lec­tively, LNG pro­duc­ers re­duced their LNG ex­port con­tract and LNG feed gas re­quire­ments for 2018 by 34 PJ and planned LNG spot sales by 29 PJ. • LNG projects are still fore­cast­ing to sell 34 PJ on the in­ter­na­tional LNG spot mar­kets in 2018.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.