Insight
Eastern Australia faces higher domestic gas prices
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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,
Table of contents
- 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
Tables and charts
This report includes 2 images and tables including:
- Eastern Australia Gas and Power Market
- Recent East coast gas deals with reported oil-linked contracts
What's included
This report contains:
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