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Report: Australians paying 71% more for gas

buru SPP

New research from the Institute for Energy Economics and Financial Analysis (IEEFA) found the Australian Competition and Consumer Commission’s (ACCC) netback price – where the production and shipping costs of LNG were subtracted from its delivered price – was $5.19/GJ but Australian customers were paying $8.88/GJ for spot gas. “Australian gas consumers are paying on …

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