House of Assembly: Tuesday, December 01, 2020

Contents

Gas Prices

In reply to the Hon. A. KOUTSANTONIS (West Torrens) (24 November 2020). (Estimates Committee A)

The Hon. D.C. VAN HOLST PELLEKAAN (Stuart—Minister for Energy and Mining): I have been advised:

The Australian Energy Market Operator is of the view that the long-term gas price could range from between $8 to around $12 per gigajoule. The draft 2021 Inputs, Assumptions and Scenarios Report will commence formal consultation on the scenarios, inputs and assumptions proposed for use in the Australian Energy Market Operator's 2021-22 forecasting and planning activities. The gas price projections in the draft report, which will be a key input into the 2021 Gas Statement of Opportunities, indicate that from 2030 the forecast long-term delivered gas price for industrial customers in South Australia will be around $8.50 to $11 per gigajoule.