Wood Mackenzie lead energy analyst Saul Kavonic. Photo: Attila Csaszar

Domgas drop could cause price spike

Despite falling oil prices, projections are showing that local consumers and industry could be paying much more for gas in 10 years’ time.

A supply shortage in the domestic gas market at the end of the decade could lead to a dramatic increase in prices for Western Australian consumers and industry.

Wood Mackenzie joint-lead energy analyst Saul Kavonic said the company was forecasting a supply shortfall of 150 million cubic feet per day in the years following 2022.


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