# East coast gas prices appear too high and future supply is uncertain | ACCC

> The ACCC's interim gas inquiry found that the 2020 east coast supply outlook has improved slightly, and LNG netback prices have fallen. Domestic gas prices remain high at roughly A$9-12/GJ, and the regulator flagged a possible shortfall for southern states in the medium term.

- Date: 2020-02-17 · published 2020-02-17T12:00:00.000Z
- Category: report · region Australia · magnitude low
- Page: https://feedsoft.ai/events/54774-east-coast-gas-prices-appear-too-high-and-future-supply-is-uncertain-accc
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md)

## Why it matters

A divergence between domestic gas prices and LNG netbacks raises Australian energy costs, which affects processing margins for feed producers. Direct feed commodity impact is limited.

## Read by commodity

- NATGAS: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2019-01-07 | [Natural gas prices, production, consumption, and exports increased in 2018](https://feedsoft.ai/events/61278-natural-gas-prices-production-consumption-and-exports-increased-in-2018.md) | +3.6% | -10.4% |
| NATGAS | 2019-03-01 | [What Happened to Natural Gas Prices at the End of 2018? : U.S. Bureau of Labor Statistics](https://feedsoft.ai/events/7998-what-happened-to-natural-gas-prices-at-the-end-of-2018-u-s-bureau-of-labor.md) | +1.1% | -5.3% |
| NATGAS | 2026-02-01 | [We expect Henry Hub natural gas spot prices to fall slightly in 2026 before rising in 2027](https://feedsoft.ai/events/21227-we-expect-henry-hub-natural-gas-spot-prices-to-fall-slightly-in-2026-before.md) | -30.8% | -46.8% |
| NATGAS | 2018-06-28 | [Global Natural Gas Prices Converged More in 2017 as Use of LNG Spot Prices Increased](https://feedsoft.ai/events/64716-global-natural-gas-prices-converged-more-in-2017-as-use-of-lng-spot-prices.md) | -4.3% | -6.8% |
| NATGAS | 2017-10-17 | [Market flexibility is improving thanks to LNG and markets currently well supplied but gas security remains a concern - IEA](https://feedsoft.ai/events/68636-market-flexibility-is-improving-thanks-to-lng-and-markets-currently-well.md) | +2.2% | +8.3% |

## Sources

- accc.gov.au: https://www.accc.gov.au/media-release/east-coast-gas-prices-appear-too-high-and-future-supply-is-uncertain

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.