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