COI 0.00% 16.5¢ comet ridge limited

Ann: June 2020 Quarterly Activities Report and Appendix 5B, page-29

  1. 128 Posts.
    lightbulb Created with Sketch. 61
    Hello Pete - If there were any companies who didn't have enough gas to fulfil their current obligations then they'd be buying from those who have plenty - especially the big LNG exporters.

    LNG prices are really low and are forecast to stay low because there is plenty of supply chasing demand - check out this link
    Hottest Part of the Fossil Fuel Market Starts to Cool

    This means those LNG exporters are trying to push gas back into the domestic market.

    This is why domestic gas prices are low and are likely to stay low for a while.
 
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