EnergyQuest has just released its Australian LNG Monthly for December 2020. EnergyQuest estimates that Australia exported a record 78.0 Mt of LNG in 2020, up from 77.5 Mt in 2019. This is a good result given the disruptions to Gorgon, the fact that Prelude hadn’t produced since early February, issues seen at Wheatstone with reduced […]
The three C’s of 2020: Covid, China and
EnergyQuest CEO Graeme Bethune looks back at 2020 As 2020 draws to a close it is time to reflect on the passing year. There are three themes that stand out to us from 2020. First, and obviously, the impact of the pandemic on individuals, countries and energy markets. In Australia the major impact on energy demand has […]
EnergyQuest Australian LNG Monthly Novem...
EnergyQuest has just released its Australian LNG Monthly for November 2020. November was a strong month for Australian LNG exports, with 6.9 million tonnes (Mt) shipped, the highest since April this year. This was despite supply disruptions from Gorgon, Australia’s second-largest project, and delays to the start-up of the Prelude floating LNG project. One of […]
EnergyQuarterly December 2020
The December 2020 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the September Quarter plus analysis of the latest developments. The report has a number of special articles commenting on important issues: Looming southern gas supply cliff Twenty-nine months to Liddell closure Asia targets net zero emissions Gas-fired recovery Refining hanging by a […]
Domestic Gas Market Interventions, Inter...
In 2013 EnergyQuest completed an independent report for the Australian Petroleum Production and Exploration Association (APPEA) on domestic gas policy in 20 countries. The report was updated in November 2020. International experience is that government interventions to reduce domestic wholesale gas prices are often unsustainable, and have numerous negative side-effects in terms of economic, energy […]
EnergyQuest Australian LNG Monthly Octob...
EnergyQuest has just released its Australian LNG Monthly for September 2020. Some of the highlights are as follows: Chinese import restrictions, so far, do not appear to have affected Australian exports of LNG to China. In the first ten months of this year EnergyQuest estimates that Australia delivered 23.5 Mt of LNG to China, precisely the […]
Aussie motorists shun biofuels
As Australian motorists continue to shun the use of ethanol in their fuel, and combined with the impact of COVID on all petrol type sales, demand for biofuels declined in 2019-20. Pre-COVID, Australia’s little changed biofuel production is at odds with the growing overseas experience where biofuel production (more so biodiesel) continued to increase in […]
Australian Biofuels 2020: Where to from ...
Released in September 2020, AUSTRALIAN BIOFUELS 2020 is APAC Biofuel Consultants (Ecco Consulting and EnergyQuest JV) most up to date report on the Australian bio-based diesel, ethanol, advanced biofuel industry. Over the past twelve months (to September 2020) low oil prices and Covid-19 have impacted on biofuel industry structure and production economics in Australia. So we […]
Queensland LNG export record in October
The east coast LNG producers had record exports in October. They shipped 31 cargoes, 2.05 million tonnes for the month. The previous highest was 2.02 million tonnes (30 cargoes) in April 2020. More details to follow in forthcoming October edition of EnergyQuest Australian LNG Monthly. Information about the EnergyQuest Australian LNG Monthly is available by […]
Interesting question: What % of east coa...
Given the interest in possible east coast prospective domgas reservation (assuming there is any gas to prospectively reserve) we have been asked what percentage of east coast LNG is sold domestically and how does this compare with Western Australia? In WA 15% of LNG has to be supplied domestically under the domestic gas reservation policy. […]