AUSTRALIA

NSW gas prices to rise again

REGULATED gas prices in New South Wales are set to rise by just 0.9%, less than the rate of inflation and well below the almost 4% price rise seen in 2015-15, the state's Independent Pricing and Regulatory Tribunal has ruled in its draft decisions on average regulated retail gas prices for 2016-17.

NSW gas prices to rise again

The less-than-expected price rise comes as the Gladstone LNG projects move towards full production. However, the impact of east coast gas prices has been relatively milder than expected. The state, which...

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