Oz Blog News Commentary

CS slams AEMO gas balance outlook

April 21, 2015 - 12:46 -- Admin

From Credit Suisse: A delicate balance? Last week, the Australian regulator AEMO published a report forecasting a balanced gas market in the near term. We would argue demand destruction forecasts of 150PJa really doesn’t count as “balance” but also that the number is too low. We don’t understand the underlying data – AEMO forecasts for Cooper production and Otway

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