Re: Gas prices

AGL Employee

Hi @sunflower,

 

Most of the gas available worldwide is still produced from conventional sources, such as in Qatar and Africa, so this is also the most likely source of the gas that we would buy.

 

We do not have access to the gas in Queensland because the producers have long term contracts in place to sell the gas to other customers in SE Asia and even if we did the pipeline would not allow enough gas to flow to Victoria to meet peak winter demand.

 

As you have pointed out, this proposal can act as a ‘virtual pipeline’ to connect gas-rich areas of the country, such as Western Australia, to areas of large demand, such as Victoria.