Electricity is a major cost for many manufacturers and a business-critical requirement for all. Price and reliability matter. And right now both seem to be under a cloud. In South Australia, contract prices have been increasing sharply, and short-term spot prices reached extraordinary highs in July.
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Victoria bans fracking, but leaves questions over gas supply
The Victorian government has announced it will permanently ban unconventional gas, often produced through the controversial process of hydraulic fracturing or “fracking”. Legislation to implement the ban will be introduced this year.
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Gas prices and global competition
Australian manufacturers are facing ever-escalating prices for gas. In 2016, local spot gas prices have gone from being substantially less than those in Japan to being substantially more. Spot prices will put pressure on contract prices.
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Environmental activists, VIC/NSW governments to square off over gas
The NSW and Victorian governments are considering action – including dropping current moratoriums on exploration – to deal with the east coast gas shortage.
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We are squandering our abundant natural gas reserves
It is easy to draw analogies this week between Australia today and Eastern European countries during the 1970s and 1980s when they exported anything and everything to earn foreign income while their citizens starved at home.
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Australian gas cheap for export customers, expensive for local manufacturers
Australian industrial customers have seen gas prices nearly double and these are expecting to worsen, with the possibility of shortages, while the commodity is being exported at cheap prices to Asian customers.
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Industrial users want gas market to function properly
Concerns by industrial users over supply have been vindicated by the ACCC report on the eastern Australian gas market.
Launched in April last year and releasing its report last week, the ACCC inquiry report
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AEMC recommends gas hubs for east coast customers
The Australian Energy Market Commission has recommended that two trading hubs be established for gas trading to ensure more transparency in the market.
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McConnell Dowell and Jemena to construct North East Gas Interconnector
The Northern Territory Government has announced that Jemena has been selected to build and operate the North East Gas Interconnector (NEGI), connecting the Territory’s vast gas fields to the east coast gas market.
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BOC Scan to Order mobile app – A new way to re-order your gas
BOC have introduced the BOC Scan to Order mobile app so that customers can order, view pricing and find their closest Gas & Gear store when they are on the go.
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Shell/BG merger raises local gas availability concerns: ACCC
The ACCC’s chairman has raised concerns about Royal Dutch Shell’s $70 billion takeover of BG Group worsening east coast gas availability and prices.
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EU approves Shell takeover of BG Group, ACCC still undecided
The European Union's top competition authority has unconditionally approved Royal Dutch Shell Group’s proposed takeover of BG Group.
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Gas prices to more than double for industrial users: ANZ report
LNG exports will displace iron ore as Australia’s major export in coming years, but domestic prices will rise steeply and will harm industrial users, according to a new ANZ report.
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Union pushes ALP to back domestic gas reservation
The AWU is attempting to convince the ALP to support a domestic gas reservation scheme, ahead of the party’s national conference this month.
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Manufacturers wary of Shell’s proposed takeover of BG Group
The competition watchdog has begun to examine Royal Dutch Shell's proposed $90 billion takeover of BG Group, amid fears it could be bad news for local manufacturers.
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ACCC to investigate gas markets
The ACCC will launch a year-long public inquiry into the competitiveness of wholesale gas prices in Eastern and Southern Australia.
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Port Pirie Nyrstar smelter output interrupted by gas leak
Production at Nyrstar’s copper smelter at Port Pirie has been disrupted due to a partial closure of the Moomba-Adelaide pipeline, owned by Epic Energy SA.
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Manufacturing Australia releases plan to fix local gas market
Manufacturing Australia has launched a 13-point plan for improving local gas supply, which it says currently puts 83,000 industry jobs at risk.
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Govt releases Energy White Paper
The federal government’s Energy White Paper, released yesterday, has been largely welcomed by business leaders but criticised by environmentalists.
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Manufacturing our Future with Gas – Australian Domestic Gas Conference keynote address
CEO of PACIA, Ms Samantha Read, delivered a keynote speech at the Australian Domestic Gas Conference 2015 yesterday.
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