CTP central petroleum limited

Gas supply terms force buyers to go DIY on energy Read more: http://www.copyright link/business/energy/gas/

  1. 1,368 Posts.
    From the AFR and due to pay wall, the following provides the run down
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    Onerous gas contract terms and lack of gas sales opportunities including sharp price rises for gas, combined with demanding take-or-pay provisions, are putting huge pressure on some manufacturers.

    Situation is becoming so bad that it has driven industrial gas buyers to consider on-site generation options and direct long-term renewable energy supply contracts as a partial hedge against escalating energy prices.

    It said one of its clients had seen gas prices on a 12-month contract increase across all states, including an 81 per cent jump in Victoria, while customers coming off 24-month contracts would likely see even bigger increases.

    So Central, if industry is screaming for new gas sales, where are our gas sales contracts?????

    http://www.copyright link/business/energy

    (CoM in Yeawnnn mode)
 
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