Natural Gas and Coal Seam Gas
|Natural Gas Prices Planned for Australia|
"Export Parity" in Red Bars, USA Price in Blue Bars
The Australian Energy Market Operator web site lists wholesale prices for natural gas.
These are listed in Australian dollars per gigajoule ($/GJ).
The wholesale price of natural gas in Victoria on 7 January 2013 was about $3 per GJ.
This is equivalent to approximately $111 per 1,000 cubic metres - virtually the same as the US natural gas price at the Henry Hub (the blue bars in the above chart).
|AEMO - Victorian Wholesale Natural Gas Market Data|
7 January 2013
The Australian Institute of Energy web site is offline at present.
The following is the first few items from a cached copy -
James Fazzino is the managing director and chief executive of Incitec Pivot.
The following are extracts from two articles he has written critical of the Australian Government policy on natural gas pricing.