EnergyQuest has just released its Australian LNG Monthly for July 2021. Some of the highlights are: Australia supplied a record 72.4 Mt of LNG to North Asia – China, Japan, Korea and Taiwan- in FY 2021, up from 71.4 MT the previous financial year. The total landed value of this LNG is estimated to be […]
New Report: East Coast Gas Outlook to 20...
Conditions in the east coast gas market continue to challenge producers, buyers, pipeliners, retailers and governments. The industry is balanced on the edge, grappling with high-risk global forces and domestic constraints. In Queensland the gas supply position has improved but offshore Victoria it has deteriorated further, with reserve write-downs. In this environment it is important […]
New Japan energy plan maintains LNG shar...
Japan’s new draft energy plan has hit the headlines, particularly its target of reducing LNG for power generation from 37% of energy supply in FY 2019-20 to 20% in FY 2030-31, a big fall. Other targets include oil falling from 7% to 2% and coal from 32% to 19%. Many commentators have assumed these are […]
EnergyQuest Australian LNG Monthly June ...
EnergyQuest has just released its Australian LNG Monthly for June 2021. Some of the highlights are: Australia exported 77.2 Mt of LNG in the 12 months to 30 June 2021, less than the 79.5 Mt in FY 2020. China overtook Japan as Australia’s top export destination in FY 2021 with 29.8 Mt. Western Australian LNG production […]
EnergyQuest Australian LNG Monthly May 2...
EnergyQuest has just released its Australian LNG Monthly for May 2021. Some of the highlights are: Australia’s May LNG shipments were the lowest since February 2019. Asian LNG spot prices have passed US$12/MMBtu. The Callide Power Station outage has boosted the share of gas in Queensland generation from 6% to 20%. Australian projects delivered 43 […]
EnergyQuarterly June 2021 On the way to ...
The June 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the March Quarter 2021 plus analysis of the latest developments. Climate change policies and politics are recurring themes throughout this report. We ask “Who would want to be running Big Oil or Gas just now” and look in detail at the IEA Net […]
Lack of Gas the Biggest Threat To Austra...
EnergyQuest has just released its Australian LNG Monthly for April 2021. Some of the highlights are: Australia’s LNG exports have weathered the pandemic well. Exports last calendar year were 78.3 Mt, up on 77.0 Mt the year before. In its latest annual report, the International Group of LNG Importers (GIIGNL) ranks Australia as the world’s […]
Record Australian LNG shipments: EnergyQ...
EnergyQuest has just released its Australian LNG Monthly for March 2021. Some of the highlights are: Australian LNG shipments bounced back to record levels in March 2021 with a big lift in deliveries to China. In March Australian projects shipped 7.2 million tonnes (Mt) (105 cargoes), significantly higher than 6.0 Mt (88 cargoes) in February […]
Fall in February LNG shipments: EnergyQu...
EnergyQuest has just released its Australian LNG Monthly for February 2021. Some of the highlights are: Australian LNG shipments in February 2021 were lower compared with January, primarily due to reduced production at the NWS and Ichthys projects, and the shorter month. Australian projects shipped 6.0 million tonnes (Mt) (88 cargoes) in February, compared with […]
EnergyQuarterly March 2021 A Wild Ride i...
The March 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the December Quarter 2020 and the 2020 calendar year plus analysis of the latest developments. It has been a wild ride in energy markets over the last year. Oil prices crashed and then soared back to where they started. A […]