AEMO chart below shows East coast gas market.
Purple shows steep decline in existing production (reality- as Bass strait and cooper basin reserves have run out)
They assume that shortfall met by restricting QLD LNG exports !!!!! and by IMPORTING LNG!!!!
Reality is that they wont get all the gas required to meet demand and what they do get will be ridiculously expensive (competing with China and Europe for marginal spot carhoes)
Thisimpliesadeepandsustainedeconomiccrisis
PRRT changes means Browse LNG wont happen so WA short domgas as well
Policy fiasco will mean a scramble for domestic supplies- and only solution is northern onshore gas >>> Canning snd Beetaloo - industry and market will wake up to this very soon, especially when east coast buyers/ industry cant get gas at any price - going to be a deluxe/ massive show
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Last
8.9¢ |
Change
-0.002(2.20%) |
Mkt cap ! $59.75M |
Open | High | Low | Value | Volume |
8.9¢ | 8.9¢ | 8.9¢ | $13 | 145 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52021 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 349 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52021 | 0.087 |
2 | 25045 | 0.086 |
2 | 7176 | 0.085 |
2 | 12907 | 0.082 |
2 | 110000 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 999855 | 1 |
0.091 | 6403 | 1 |
0.092 | 755653 | 5 |
0.094 | 149969 | 3 |
0.095 | 75000 | 3 |
Last trade - 10.21am 14/06/2024 (20 minute delay) ? |
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