Incitec considering shutting Gibson Is without cheap gas 

THE chairman of Australian fertiliser and explosives maker Incitec Pivot, Paul Brasher, told today’s annual general meeting the company had been working hard to secure long term gas for its Gibson Island manufacturing plant, but if it can’t find cheap gas for 2020-21 period it may have to shut down. 

 Incitec considering shutting Gibson Is without cheap gas   Incitec considering shutting Gibson Is without cheap gas   Incitec considering shutting Gibson Is without cheap gas   Incitec considering shutting Gibson Is without cheap gas   Incitec considering shutting Gibson Is without cheap gas 

Incitec needs two-year bridging gas until Surat Basin gas developed

 
"Prices for gas on the east coast of Australia have increased dramatically over the last five years and are now more than three times the prices in Western Australia and other competitive gas