AGL heads to the courts with gas grumbles

AGL Energy is now in formal legal proceedings with gas suppliers over price negotiations, chief executive Michael Fraser has revealed.

AGL heads to the courts with gas grumbles AGL heads to the courts with gas grumbles AGL heads to the courts with gas grumbles AGL heads to the courts with gas grumbles AGL heads to the courts with gas grumbles

During an earnings call today, he said about 80% of its gas contracts were subject to legal arbitration, with suppliers seeking to push up the price of contracts towards netback pricing.

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