Cost of domgas is less too though as they don't pay liquefaction costs which are significant. $5 domgas price is probably equivalent to $8 or so LNG price in terms of netback.
With the oil price on the way down it might not be too long before they are about equal. Which after all is what should happen in a free market. As long as there is no reservation policy the domgas price should trend to the net LNG price.
Ann: June 2019 Quarterly Production Report, page-8
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Last
$10.62 |
Change
-0.030(0.28%) |
Mkt cap ! $18.29B | |||
| Open | High | Low | Value | Volume |
| $10.78 | $10.78 | $10.62 | $35.73M | 3.352M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 8855 | $10.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.63 | 4290 | 1 |
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| ORG (ASX) Chart |