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 NSW gas prices to rise again NSW gas prices to rise again NSW gas prices to rise again 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.

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