WCL is getting about $3.10/gj for its current GSA's which expire about 2014-2015
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Origin secures record gas price
The Australian, Page 17 (Fri 21 Dec 2012) by Matt Chambers, Annabel Hepworth
Origin Energy has signed a deal with MMG to supply gas for north Queensland mines for $9 a gigajoule -more than double the current rate and 50% higher than other recent long-term deals. Current prices are between $3-4 per gigajoule, while the most recent long-term supply deal signed was at the $6 mark. The deal indicates there is still available gas for domestic users, but it also highlights the high prices local industrial gas users will be forced to pay to compete with buyers of LNG, the spot price of which in Asia is now about $US16 a gigajoule.
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WCL is getting about $3.10/gj for its current GSA's which expire...
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