“Making Cents” of the Eastern Australian Gas Market

R. Quentin Grafton; Xunpeng Roc Shi; Ian Cronshaw

doi:10.1111/1759-3441.12194

“Making Cents” of the Eastern Australian Gas Market

R. Quentin Grafton^*, Xunpeng Roc Shi, Ian Cronshaw

^*Corresponding author for this work

Research output: Contribution to journal › Article › peer-review

17 Citations (Scopus)

Abstract

The paper reviews the causes of high domestic gas prices and possible future gas shortfalls in the Eastern Australian gas market. It explains the economics of gas pricing, the effects of long-term gas contracts on domestic supplies and prices, and examines the incentives faced by gas exporters. Policies to respond to concerns over gas supply and high domestic gas prices are explored and alternatives presented.

Original language	English
Pages (from-to)	42-54
Number of pages	13
Journal	Economic Papers
Volume	37
Issue number	1
DOIs	https://doi.org/10.1111/1759-3441.12194
Publication status	Published - Mar 2018

Access to Document

10.1111/1759-3441.12194

Cite this

@article{ef1a72f2cd6b4a7fb17477d8027f798c,

title = "“Making Cents” of the Eastern Australian Gas Market",

abstract = "The paper reviews the causes of high domestic gas prices and possible future gas shortfalls in the Eastern Australian gas market. It explains the economics of gas pricing, the effects of long-term gas contracts on domestic supplies and prices, and examines the incentives faced by gas exporters. Policies to respond to concerns over gas supply and high domestic gas prices are explored and alternatives presented.",

keywords = "LNG, export prices, export restrictions, gas shortfall",

author = "{Quentin Grafton}, R. and Shi, {Xunpeng Roc} and Ian Cronshaw",

note = "Publisher Copyright: {\textcopyright} 2017 The Economic Society of Australia",

year = "2018",

month = mar,

doi = "10.1111/1759-3441.12194",

language = "English",

volume = "37",

pages = "42--54",

journal = "Economic Papers",

issn = "0812-0439",

publisher = "Wiley-Blackwell",

number = "1",

}

TY - JOUR

T1 - “Making Cents” of the Eastern Australian Gas Market

AU - Quentin Grafton, R.

AU - Shi, Xunpeng Roc

AU - Cronshaw, Ian

PY - 2018/3

Y1 - 2018/3

N2 - The paper reviews the causes of high domestic gas prices and possible future gas shortfalls in the Eastern Australian gas market. It explains the economics of gas pricing, the effects of long-term gas contracts on domestic supplies and prices, and examines the incentives faced by gas exporters. Policies to respond to concerns over gas supply and high domestic gas prices are explored and alternatives presented.

AB - The paper reviews the causes of high domestic gas prices and possible future gas shortfalls in the Eastern Australian gas market. It explains the economics of gas pricing, the effects of long-term gas contracts on domestic supplies and prices, and examines the incentives faced by gas exporters. Policies to respond to concerns over gas supply and high domestic gas prices are explored and alternatives presented.

KW - LNG

KW - export prices

KW - export restrictions

KW - gas shortfall

UR - http://www.scopus.com/inward/record.url?scp=85042727374&partnerID=8YFLogxK

U2 - 10.1111/1759-3441.12194

DO - 10.1111/1759-3441.12194

M3 - Article

SN - 0812-0439

VL - 37

SP - 42

EP - 54

JO - Economic Papers

JF - Economic Papers

IS - 1

ER -

“Making Cents” of the Eastern Australian Gas Market

Abstract

Access to Document

Other files and links

Fingerprint

Cite this