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Manufacturers raise the alarm over gas price surge

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Manufacturers are sounding the alarm as east coast gas prices surge to levels not seen since 2016, thanks to cold winter weather and gas having to be diverted to generate electricity after the breakdown of coal-fired generators.

The spike in domestic gas to as much as $10 a gigajoule above export prices has triggered renewed calls from industrial gas users for the federal government to step in and redirect exported gas from Queensland to force prices lower.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com

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    Original URL: https://www.afr.com/policy/energy-and-climate/fresh-surge-in-gas-prices-alarms-manufacturers-20210706-p587b4