EnergyQuest has just released its March 2023 EnergyQuarterly report with comprehensive analysis and data for the December Quarter, 2022 together with many statistics and analysis for January and and February 2023. A major theme of this report is the federal government’s proposed takeover of the east coast gas market, throwing out the OECD gas market rule book with a move to […]
EnergyQuarterly December 2022: Looming e...
EnergyQuest has just released its December 2022 EnergyQuarterly report with comprehensive analysis and data for the September Quarter, 2022 together with many statistics for October and into November. The federal government is poised to intervene in the east coast gas market. The report has a deep dive into the issues. Moves to cap gas prices would not only […]
Western Australia low energy price “para
EnergyQuest has just released its September 2022 EnergyQuarterly report. One of our findings is that with energy prices at eye-watering levels around the world, we believe that Western Australia now has the lowest gas prices in the OECD. In Q2 US Henry Hub prices in the U.S. averaged A$9.48 per gigajoule (GJ) and the UK National Balancing Point […]
EnergyQuarterly September 2022: Please c...
EnergyQuest has just released its September 2022 EnergyQuarterly report with comprehensive analysis and data for the June Quarter, 2022 together with many statistics for July and into August. There seem to be energy crises all around the world at present, driven by freak weather, the Ukraine war, COVID and botched decarbonisation. Global gas prices have outrun oil on an energy-equivalent basis. […]
Australian LNG cargo to Chile
Australia shipped an LNG cargo to Chile in June, the first since July 2020. The cargo is from the Shell-operated QCLNG project at Gladstone in Queensland. As of the end of June another two cargoes were heading towards Chile. QCLNG cargoes generally go to China and Japan. Chile mostly imports LNG cargoes from the US […]
EnergyQuarterly June 2022: Crazy east co...
EnergyQuest has just released its June 2022 EnergyQuarterly report. The east coast energy crisis is a recurring theme through this report. Gas has been an increasingly minor contributor to NEM generation, mostly in South Australia and Queensland. In Q4 last year gas only contributed an average one percent of generation in NSW and Victoria, minute […]
EnergyQuarterly March 2022: Implications...
EnergyQuest has just released its March 2022 EnergyQuarterly report. The cover highlights the accelerating closure of coal in the NEM. Are all these coal closures good news for gas-fired generation (GPG)? Probably not for gas volumes but gas is still likely to play an important role. East coast gas remains finely balanced. Southern production did well in […]
Gas market update
On 9 December EnergyQuest CEO Graeme Bethune gave an east coast gas market update presentation to the SA Department for Energy and Mining’s annual Oil and Gas Roundtable. A copy of the presentation can be accessed below.
EnergyQuarterly December 2021. Net zero ...
The December 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the September Quarter 2021 and the year to September 2021 plus analysis of the latest developments. The cover highlights the increasing role of banks in pushing the world towards net zero. In just over a decade since the global financial crisis […]
EnergyQuarterly September 2021. Mega-dea...
The September 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the June Quarter 2021 and the 2021 Financial Year plus analysis of the latest developments. The cover story is the proposed Woodside-BHP Petroleum and Santos-Oil Search deals. The report analyses the drivers for both Woodside and Santos and BHP’s rationale in disposing of a business which they have had […]