UCL Australia

News

UCL Australia Latest News

UCL top UK university by research strength

Published: Dec 19, 2014 6:23:05 AM

UCL Australia celebrates fourth round of graduates

Published: Dec 15, 2014 12:10:40 AM

UCL Vice-Provost hosts major alumni event at Santos

Published: Dec 10, 2014 5:39:32 AM

Contact

UCL Australia
Torrens Building
220 Victoria Square
Adelaide, South Australia, 5000

Tel: +61 8 8110 9960
Fax: +61 8 8212 3039

FacebookTwitterLinked In

Research at UCL Australia

UCL School of Energy and Resources

Research in the School of Energy and Resources focuses on both the upstream and downstream development of energy and resources, covering a wide range of disciplines - from engineering and economics to environmental science and law. 

Read More

Mullard Space Science Laboratory

The Mullard Space Science Laboratory (MSSL) is a world-leading research organisation delivering a broad science programme that is underpinned by a strong capability in space science instrumentation, space-domain engineering, space medicine, systems engineering and project management.

Read More

International Energy Policy Institute

The International Energy Policy Institute (IEPI) was created to address key policy issues in the mineral, energy and resources industries through intensive and innovative research.

Read More

Research at the IEPI

Professor Stefaan Simons

Professor Stefaan Simons

The Internationalisation of the Eastern Australia Gas Market

Klara Ildarovna Gadeeva

Klara Ildarovna Gadeeva Ed.S., MSc

Project submitted in partial fulfilment of the requirements for the degree of MSc (Energy and Resources), UCL School of Energy and Resources, Australia

Abstract

Over the past decade, the Eastern Australia gas market has increasingly relied on the rapidly growing coal seam gas sector for its supply mix. This has brought relative stability and predictability to the market. The success of the coal seam gas industry, however, has introduced a set of new conditions that threatens to undermine the stability it once brought to this market. A swing factor has been introduced into the market by the sanctioned and proposed coal seam gas liquefied natural gas projects in this region. These projects are likely to divert large volumes of domestic gas to export markets, resulting in strained domestic supply conditions. Gas hungry industrial users in Australia will now effectively have to compete with Asian liquefied natural gas importers. This dissertation argues that due to the internationalisation of the Eastern Australia gas market, domestic gas producers and industrial gas users in this region are exposed to an extreme and unprecedented level of price uncertainty in the domestic gas market. This is a timely dissertation that examines just how, and the extent to which, this uncertainty is likely to affect Eastern Australia domestic gas prices over the next decade as this market develops and producers and consumers respond to these brave new market dynamics.

Click here to view the full dissertation (PDF - 2.3MB)