S&P Global Platts

What are the factors shaping Australia’s gas market pricing?

With close to 70% of the country’s gas production tied to LNG exports, Australia’s gas market is fundamentally influenced by the expanding spot trading hub of Japan, South Korea, Taiwan and China.

With the rising volumes of Australian LNG exports into Northeast Asia, transparent market-based pricing for LNG physical cargoes has become paramount.

Download this infographic to learn:

  • How Asia-Pacific LNG trade is driving Australia's gas market pricing
  • Why LNG prices are driven by different market fundamentals compared to crude oil prices
  • Role of the Platts JKM benchmark in the formation of short and long-term domestic gas prices

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