USA USA – THE PLACE TO BE FOR GAS THE PLACE TO BE FOR GAS!
Demand rising faster than
production
• Shortfall to be filled with
imported LNG priced at
oil parity
• Underpins conventional
gas prices at US$5/MCF
• Supply – demand
critically balanced &
reacting to supply
disruptions – Katrina
effect
• US gas price 3 – 4 times
greater that Australia