Queensland's annual Gas Market Review, released yesterday, suggests that if the LNG industry reaches its hoped-for potential, lifting demand for gas for export, wholesale prices for new gas contracts in Queensland could rise from about $5 a gigajoule at present to about $8.50 a gigajoule by 2017.
http://www.couriermail.com.au/ipad/gas-prices-tipped-to-soar-amid-lng-push/story-fn6ck2gb-1226133480251
I wonder why these predicted higher prices are not translating into recent takeovers!
gas prices tipped to soar!
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