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4 Pages

Eastern Australia faces higher domestic gas prices

Eastern Australia faces higher domestic gas prices

Report summary

On 10 April 2013, Origin Energy announced a major gas purchase agreement from Beach Energy for its share of Cooper Basin Joint Venture gas from 2014-15. Despite the modest volumes - around 44mmcfd over an eight-year period - the deal has much wider significance for Australia's gas and power markets. This is the first substantial deal signed by a major domestic gas buyer in Eastern Australia to include an oil-linked pricing component. It sets a new price benchmark for domestic gas,

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This report includes 1 file(s)

  • Eastern Australia faces higher domestic gas prices PDF - 438.40 KB 4 Pages, 1 Tables, 1 Figures


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  • Executive Summary
  • A billion-dollar domestic deal
  • A new pricing mechanism for Eastern Australia
  • A deal with wide-reaching implications
    • Future gas pricing
    • Eastern Australia gas market
    • GLNG project
    • Reserves growth

In this report there are 2 tables or charts, including:

  • Executive Summary
  • A billion-dollar domestic deal
    • Eastern Australia Gas and Power Market
  • A new pricing mechanism for Eastern Australia
    • Recent East coast gas deals with reported oil-linked contracts
  • A deal with wide-reaching implications
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