It is often claimed that Australians pay more for gas than do the overseas buyers of our LNG. Is this true? EnergyQuest tracks the landed price of Australian LNG in our three major markets, Japan, China and Korea. These are landed prices, prior to the cost of regasification, pipeline transport and profit margins in the […]
Gas post-COVID, too much politics, not e...
Presentation to the APGA virtual conference 20 October 2020 In this presentation Graeme Bethune said LNG is the only solution to projected domestic shortages of natural gas in the short-term. The Australian gas market operator AEMO and the ACCC have predicted declining volumes of gas coming out of Victoria and South Australia’s Cooper Basin. The […]
EnergyQuest Australian LNG Monthly Septe...
EnergyQuest has just released its Australian LNG Monthly for September 2020. Some of the highlights are as follows: As Victorian gas production moves closer to the cliff LNG import facilities are imperative. Australian LNG shipments in September were lower compared with August, primarily due to decreased production at the North West Shelf and Gorgon projects. Shipments in the six months from April, […]
EnergyQuest Australian LNG Monthly Augus...
EnergyQuest has just released its Australian LNG Monthly for August 2020. Some of the highlights are as follows: Australian LNG shipments in August were higher compared with July, primarily due to increased production at the North West Shelf and Gorgon projects. Lower oil prices are continuing to have a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals. […]
Federal government gas-fired recovery
Comments from EnergyQuest’s August 2020 Australian LNG Monthly. This week the Australian federal government announced a so-called Gas-fired Recovery. The plan appears to be largely concerned with the east coast, without anything obvious about Western Australia, Australia’s largest gas producer. Much of the media focus has been on proposals for new pipelines and on proposals […]
EnergyQuarterly September 2020
The September 2020 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the June Quarter plus analysis of the latest developments. In the Observations Section we have a number of articles commenting on topical issues: Creating barriers to an efficient gas market Is cheaper east coast gas possible? WA goes for […]
First Australian LNG cargo to Chile
Australia has just shipped its first LNG cargo to Chile. The cargo is from the Shell-operated QCLNG project at Gladstone in Queensland. It was transported aboard the Sevilla Knutsen. The tanker docked at Quintero, Chile on 15 August after a 24-day voyage of over 13,500 nautical miles. QCLNG cargoes generally go to China and Japan. […]
EnergyQuest Australian LNG Monthly July ...
EnergyQuest has just released its Australian LNG Monthly for July 2020. Some of the highlights are as follows: Lower oil prices are having a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals, lower prices, and asset write-downs. LNG revenues are down 52% on a year ago Australian LNG shipments in July were steady compared with June, primarily […]
EnergyQuest Australian LNG Monthly June ...
EnergyQuest has just released its Australian LNG Monthly for June 2020. Some of the highlights are as follows: Australian projects exported 79.4 Mt in the 12 months to June 2020, up 5.7% from 75.1 Mt a year earlier. Total LNG export revenue is estimated to be $47.9 billion in FY 2020, down $1.5 billion from […]
EnergyQuest Australian LNG Monthly May 2...
EnergyQuest has just released its Australian LNG Monthly for May 2020. Some of the highlights are as follows: Australian LNG shipments appear to be starting to see the impacts of the COVID-19 pandemic and the global oversupply of LNG. Australian LNG shipments in May were down by eight cargoes compared with April, primarily due to […]