Information about the EnergyQuest Australian LNG Monthly is available by clicking here. Is the future of Australian gas overseas?This month saw two of the biggest investment decisions made by the Australian petroleum industry in recent years, but they weren’t investments in Australia. Instead, Woodside announced that it would acquire Tellurian and Driftwood LNG in a […]
Australian LNG Monthly Report – June 202
Information about the EnergyQuest Australian LNG Monthly is available by clicking here. What’s in a forecast?National energy laws now require government agencies to take account of jurisdictional greenhouse gas emissions reduction targets, in addition to the existing considerations of price, quality, safety, reliability and security of energy and energy services. AEMO’s forecasts are now based […]
Australian LNG Monthly Report – May 2024
Information about the EnergyQuest Australian LNG Monthly is available by clicking here. The Australian Government might not be done with market interventionThe southern region of the east coast domestic gas market is heading towards annual supply shortfalls in 2028, with peak supply potentially running short sooner. So, what are the options to address the shortfall, […]
EnergyQuarterly Report – June 2024
EnergyQuest has just released its June 2024 EnergyQuarterly report with comprehensive analysis and data for the March Quarter, 2024 together with comments and data of breaking news. Time for a Plan B? Five years ago, EnergyQuest published its East Coast Gas Outlook 2019. In that report we estimated that there would be a shortfall of […]
Australian LNG Monthly Report – April 20
Information about the EnergyQuest Australian LNG Monthly is available by clicking here. Support for new gas, as long it is next to existing gas – the Future Gas StrategyThe Australian Government’s Future Gas Strategy was released this month. The Strategy sets out a medium- and long-term strategy for gas in Australia and, perhaps unsurprisingly given the […]
Role of LNG in the North Asian energy tr...
EnergyQuest Chairman Dr Graeme Bethune is also a Senior Visiting Research Fellow at the Oxford Institute for Energy Studies. The OIES has recently published a report by Graeme on the outlook for LNG in the North Asian energy transition. The report reviews progress with the energy transition in Japan, Korea and Taiwan, countries which were […]
Australian LNG Monthly Report – March 20
Information about the EnergyQuest Australian LNG Monthly is available by clicking here. All good for now on the east coastACCC says the (short-term) east coast outlook is for a surplus. Southern states have a forecast shortfall of 25 PJ, while Queensland has surplus supply of 30 PJ, even if all LNG project uncontracted gas is […]
EnergyQuarterly Report – March 2024
EnergyQuest has just released its March 2024 EnergyQuarterly report with comprehensive analysis and data for the December Quarter, 2023 together with comments and data of breaking news. Exploration: the fading frontier Australia’s petroleum production peaked in 2022, and decreased by 18 million barrels of oil equivalent (MMboe) in 2023. One clear reason why Australian production […]
Australian LNG Monthly Report – January
The merger that wasn’tAfter their early-stage merger talks were disclosed in December, Santos and Woodside have now completely abandoned the negotiations. Santos shares initially fell 9% before recovering to close the day 5.8% down, while Woodside rose 0.5%. Woodside will continue on its path, but the question remains: what’s next for Santos to unlock value […]
Australian LNG Monthly Report – December
What to watch in 2024 Offshore regulation The trials and travails of Santos’ Barossa project are well known, with legal challenges from Traditional Owners causing over a year of delays to the drilling program and also impacting pipeline laying. Woodside’s Scarborough LNG project saw approval for a seismic program rescinded due to similar issues; however, so […]