EnergyQuest has just released its Australian LNG Monthly for March 2022. East coast gas prices moved over $10/GJ in March and have spiked in April, reaching $19.31/GJ in Brisbane on 9 April. This does not appear to be due to LNG exports but more likely due to closures and outages in coal-fired generation. LNG demand in North Asia, Australia’s major market, turned down in February, dropping 17.7% below […]
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 […]
Australian LNG export revenue surges in ...
Over the last few days we have been pulling together the numbers on Australian LNG exports in 2021 as well as taking a look at the future. Some of the major highlights can be downloaded below. We will delve into this in more detail in our December Australian LNG Monthly report in a couple of […]
EnergyQuest Australian LNG Monthly Novem...
EnergyQuest has just released its Australian LNG Monthly for November 2021. We have just released our November Australian LNG Monthly report. Extraordinary global gas prices are good for LNG producers but are starting to impact the east coast gas market. Also while Australia is the biggest LNG exporter to China, it’s position in the long-term […]
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 […]
EnergyQuest Australian LNG Monthly Octob...
EnergyQuest has just released its Australian LNG Monthly for October 2021. In our latest report we take a look at the long-term outlook for LNG, both globally and for Australia, drawing on projections by the IEA, Morgan Stanley and the federal government. The biggest challenge for Australian LNG is not net zero. Australia has already […]
EnergyQuest Australian LNG Monthly Septe...
EnergyQuest has just released its Australian LNG Monthly for September 2021. Some of the highlights are: In the August LNG report we asked “What’s going on with global gas prices?”. Since then the whole energy world seems to have been asking the same question, with the cover story in last week’s issue of The Economist […]
$100 million LNG cargoes?
Two weeks ago, on 16 September, we released our August Australian LNG Monthly report, which noted the surge in global gas prices. Significant growth in gas demand post COVID-19 in both North Asia and Europe has created competition for LNG cargoes, particularly from the US and Qatar, pushing up gas spot prices to record levels for […]
EnergyQuest Australian LNG Monthly Augus...
EnergyQuest has just released its Australian LNG Monthly for August 2021. Some of the highlights are: What’s going on with global gas prices? Significant growth in gas demand post COVID-19 in both North Asia and Europe has created competition for LNG cargoes, particularly from the US and Qatar, pushing up gas spot prices to record levels […]
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 […]