Ann: Full year financial results, page-41

Energy costs have soared across Australia as war in Europe and shortages make themselves felt globally, except for those in Western Australia.

WA is an ‘‘energy price paradise with the lowest gas prices in the OECD’’, research from advisory firm EnergyQuest found.

‘‘WA’s gas and electricity pricing mechanisms mean the state has kept energy prices low at a time of crisis in the industries globally,’’ CEO Graeme Bethune said.

The dramatic difference in price between WA and the rest of the country is demonstrated in this chart.

KOTH gas supply is for 5yrs at pre-COVID price rises .... hence the expected low processing costs ... plants depended on diesel not so lucky.