The coal seam gas (CSG) export industry in Australia is causing gas prices to rise. The construction of three CSG export plants in Queensland will allow CSG miners to export their gas and obtain much higher prices paid by the world market.
This means domestic prices will rise to match the world price. The increase in your gas bill in 2015 as a result of CSG exports will be up up to $162 per year for a household and $625 per year for a small business. Further increases are likely beyond 2016.Read more