Whilst the deterioration in the East Coast gas market has been well known (or forecast) for some time... It is only now sitting right in front of everyone's faces, with substantial risk from Q4 2025 onwards.
Will be interesting whether Mereenie can benefit from this though diverting increases in gas production through to the East Coast market.
Links below.
https://www.accc.gov.au/system/files/gas-inquiry-interim-june-2025.pdf
https://www.accc.gov.au/media-release/deteriorating-short-term-outlook-for-east-coast-gas-supply#:~:text=Prices%20have%20continued%20to%20decrease,for%20both%20producers%20and%20retailers.
https://www.rba.gov.au/publications/bulletin/2021/mar/understanding-the-east-coast-gas-market.html#:~:text=Analysis%20conducted%20for%20the%20Australian,range%20observed%20prior%20to%202015.
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Last
21.0¢ |
Change
0.010(5.00%) |
Mkt cap ! $341.3M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 21.0¢ | 20.0¢ | $80.77K | 392.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 309878 | 20.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.0¢ | 2166433 | 23 |
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| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| HZN (ASX) Chart |