❓ A parliamentary question regarding the terms of the Gorgon gas supply contract for domestic use, specifically concerning supply security, pricing mechanisms, and comparison to existing contracts. The Minister declined to answer, citing commercial confidentiality.
AnsweredQoN 7272Legislative Assembly
QuestionView source ↗
I refer to the media release of the Minister for Energy dated 30 November 2011 headed Domestic gas secured through Gorgon contract, and I ask:
(a) is it true that the supply of gas in accordance with these contracts is subject to interruption by the producers if they need to supply export LNG;
(b) are these contracts subject to any supply conditions; and
(i) if yes, can the Minister please specify these conditions;
(c) what is the initial price for the gas to be supplied by these contracts, and how frequently is this price to be adjusted;
(d) is the price of gas, set in accordance with these contracts, set by way of linking to the price of oil or any index set in relation to oil prices; and
(e) is the price of gas set by this contract higher or lower than the price currently paid by Verve and Synergy in respect to their current supply arrangements from the North West Shelf Joint Venture?
(a) is it true that the supply of gas in accordance with these contracts is subject to interruption by the producers if they need to supply export LNG;
(b) are these contracts subject to any supply conditions; and
(i) if yes, can the Minister please specify these conditions;
(c) what is the initial price for the gas to be supplied by these contracts, and how frequently is this price to be adjusted;
(d) is the price of gas, set in accordance with these contracts, set by way of linking to the price of oil or any index set in relation to oil prices; and
(e) is the price of gas set by this contract higher or lower than the price currently paid by Verve and Synergy in respect to their current supply arrangements from the North West Shelf Joint Venture?
AnswerView source ↗
Answered
21 March 2012
Responded by
Minister representing the Minister for Energy
Response time
28 days
(a - e) This information is commercial-in-confidence.
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Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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