LNG's ghost in the machine

MAJOR gas users bleating about the east coast domestic gas prices being pushed towards international netback parity should enjoy the current low price environment while it lasts, if National Australia Bank's latest data is to be believed – but the signs are already ominous.

LNG's ghost in the machine LNG's ghost in the machine LNG's ghost in the machine LNG's ghost in the machine LNG's ghost in the machine

While eastern states wholesale spot gas prices fell overall in the June quarter from a "relatively mild" autumn - with short term trading market prices down 5.3% in Sydney, a whopping 31.

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