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Ann: APA 2021 Investor Day, page-45

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  1. 10,782 Posts.
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    A very cold morning on Friday 9 July 2021 sees the Victorian gas price spiking to a massive A$34.84/Gj with demand at 1100 Tj.

    The Sydney price is A$29.78/Gj (333 Tj).

    'The Australian' has a major article about how gas prices have spiked and commentary from industry groups, even though many major manufacturers are on long term contracts set at A$8-9/Gj, so spot prices are irrelevant:

    "...Wholesale spot prices in Sydney were $20.75 a gigajoule on Thursday, up from $10.30 a month ago, while Melbourne prices have risen in the past month from $8.60 to $22 a gigajoule, according to figures from Energy Edge.

    Prices in Brisbane have risen from $11 to $18.70 a gigajoule, and from $10.90 to $28 in Adelaide..."

 
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