Gas Market Prices – 15 March 2019

Key gas observations for the month ending 15 March 2019:

  • Gas prices continued to settle at relatively high levels across the Victorian, Sydney, Brisbane and Adelaide markets. Adelaide had the highest daily price at $11.57/GJ on 26 February 2019.
  • AEMO began operation of the Capacity Trading Platform and Day Ahead Capacity Auction (DACA) on 1 March.
  • The aggregate of each market’s daily gas flows averaged 801 TJ throughout the month with the most gas flowing through the VIC market followed by Sydney, Brisbane and Adelaide.
  • Contracting gas supply agreements with retailers remains challenging with no price relief, subject to time frames on renewal.





Source: AEMO / ASX Energy