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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessShell Plans Additional Gas for Australian Domestic Market
Shell’s QGC business plans to offer additional gas for the Australian market, amounting to about 8 petajoules (PJ) for delivery in 2023.
- The plan comes after Australia set a price cap on natural gas which will apply to new wholesale gas sales by east coast producers for one year.
- The price cap, which Shell publicly criticized, was set at A$12 ($8.40) per gigajoule (GJ).
- The volume is in addition to the 20 PJ gas offered domestically since December 2022, at or below A$12/GJ, of which over 13PJ has been contracted, Shell said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.