Plan to reserve gas for WA could cost $5 billon a year

1points Posted 1089 days, 21 hours ago by GeorgeW

Alan Carpenter’s plan to quarantine as much as 20 per cent of WA’s offshore gas reserves could cost the State liquefied natural gas sales worth over $5 billion a year based on current prices. Click here to find out more! WA industry and consumers have some of the cheapest gas in the world. According to industry estimates, gas sold on WA’s domestic market averages around $2 per million British thermal unit (mmBtu).

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Source: http://www.thewest.com.au/default.aspx?MenuID=77&Content…

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