Monday, September 12

Gas Rush May Spur Huge Rise in Prices in Southern States


Maintenance inspection worker at Scotia coal seam methane gas plant, eastern Queensland.

QUEENSLAND is predicting its burgeoning coal-seam gas export industry could triple the price of southern states' domestic gas, marking a huge increase in the forecast effect of Gladstone's planned LNG plants.   
In its latest annual Gas Market Review, released on Friday, Queensland boosted long-term forecasts for NSW, Victorian, South Australian and Tasmanian gas prices by up to 50 per cent because of greater expected output from Gladstone's $50 billion planned liquefied natural gas plants.  Read More

The Australian

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