Domgas prices fall to lows not seen since 2016: AER

GAS prices for the 2019-20 financial year were below $7.25 per gigajoule for the first time since 2015-16, according to the Australian Energy Regulator’s market quarterly, as more competition in the gas market led to lower prices.

Domgas prices fall to lows not seen since 2016: AER Domgas prices fall to lows not seen since 2016: AER Domgas prices fall to lows not seen since 2016: AER Domgas prices fall to lows not seen since 2016: AER Domgas prices fall to lows not seen since 2016: AER

Increase in trade and competition the driver in 2019-20

The AER quarterly said the ongoing fall in Asian gas prices continued to have significant flow-on effects for the Australian domestic gas markets.