Australia's largest stock trading and investment forum Australia's #1 stock forum

BUL

7.14%

5.2¢ blue energy limited

Grim Forecasts, page-2

First 2 Last

Share
Profile

Follow
Kipper01

8,100 Posts.

653

15/05/18

12:25

Post #: 33102532
Share
Originally posted by uavsolutions ↑

Grim forecasts

09:37 AM

http://www.copyright link/business/...kevin-gallagher-zoe-yujnovich-20180514-h102fe

Among the industry reports being released to coincide with the start of APPEA is a forecast by consultancy Wood Mackenzie that gas prices on the east coast are set to surge by up to 30 per cent by the mid 2020s, providing more gloom for industrial buyers calling out for lower prices.

Wood Mackenzie is estimating east coast domestic prices will increase to as high as $13 a gigajoule by the middle of next decade, on top of the doubling or trebling in prices already seen by some buyers over the past few years amid the start-up of Queensland LNG exports and declining cheap gas supplies from the Cooper Basin and offshore Victoria.
WoodMac notes gas demand is in flux as power generators compete with industrial users for gas. It forecasts that gas buyers representing about 12 per cent of domestic gas demand is at most risk of closure.

But the consultancy says there is also opportunity in the market dynamics, pointing to a new high value opportunity emerging for gas storage and trading, as well as for importing LNG into an interconnected gas grid.

Expand

...or, a pipeline could be built connecting the Bowen Basin to Gladstone

Good one uav ...

Kip
Last edited by Kipper01: 15/05/18

BUL Price at posting: 15.0¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

A3D

Defence MOU for propulsion systems pushes Aurora Lab shares higher

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

RAG

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

SHN

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

TIG

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

CXU

Cauldron Energy reports "excellent" uranium assays in latest drill run

NWH

NRW Holdings inks $109M deal with BHP for works at Jimblebar

IMA

Issues emerging as Australian companies tackle critical minerals challenge

There are more pages in this discussion • 4 more messages in this thread...

First 2 Last

Add BUL (ASX) to my watchlist

Grim Forecasts, page-2

Top Stories

Defence MOU for propulsion systems pushes Aurora Lab shares higher

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

Week 41 Wrap: HotCopper asks “Back to Mongolia?” for Elixir; US CPI comes in at 2.4%; eyes still on China

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Tigers Realm's US$49M sale of Russian assets – to a Kremlin-adjacent billionaire – set to go ahead

Cauldron Energy reports "excellent" uranium assays in latest drill run

NRW Holdings inks $109M deal with BHP for works at Jimblebar

Issues emerging as Australian companies tackle critical minerals challenge

Featured News