Australian gas prices one-third lower than NE Asia in 2016

By Staff reporter 6 July 2017

Australia’s wholesale gas price was substantially lower than its Northeast Asian neighbours in 2016, according to the IGU Wholesale Gas Price Survey 2017.

Australians paid an average of $4.29/MMBtu in 2016, which was around one-third less than many Asian countries – including Japan, South Korea and Taiwan, which all paid close to or significantly more than $7/MMBtu.

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