LNG netback price for October 2022 reaches $67.81

The ACCC (Australia) publishes the LNG netback price series as one of the measures to improve transparency of gas prices in the Australian east coast gas market.

RELATED POSTS

European LNG imports surge by a staggering 40%

2 days ago

Review of natural gas and LNG prices

3 days ago

Middle East crisis fuelled strong price volatility across Asian and European markets

4 days ago

The LNG netback price series includes:

Historical monthly LNG netback prices at the Wallumbilla Gas Supply Hub (Wallumbilla) in Queensland, dating back to January 2016 based on a measure of historical Asian LNG spot prices, and:

Forward monthly LNG netback prices at Wallumbilla, extending to at least the end of the following calendar year, based on a measure of expectations of future Asian LNG spot prices.

The chart displays historical and forward LNG netback prices. Annual simple average forward prices are displayed only for each complete calendar year.

Please consult the ACCC gas page for additional data and details

Last updated on 01 September 2022

Source: ACCC