LNG prices to jump two-fold over next eight months: ACCC

THE Australian Competition and Consumer Commission has released its May LNG netback price and expects the wholesale price of LNG to jump nearly two-fold from A$5.46 a gigajoule to $10.70 in January next year.

LNG prices to jump two-fold over next eight months: ACCC LNG prices to jump two-fold over next eight months: ACCC LNG prices to jump two-fold over next eight months: ACCC LNG prices to jump two-fold over next eight months: ACCC LNG prices to jump two-fold over next eight months: ACCC
 
The 2020 average price of LNG per gigajoule is forecast at $8.97/GJ, but through May to September next year LNG could sit as low as $8.09/GJ.

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