EnergyQuest has just released its Australian LNG Monthly for January 2022. According to Bloomberg (13 February) the “US Is Exporting Every Molecule of LNG Possible”, due to the crisis in Europe (Bloomberg, 13 February). Australia however shipped fewer LNG cargoes in January (96) than in December (105), with short-term outages at the North West Shelf […]
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 […]
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 […]
EnergyQuest Australian LNG Monthly July ...
EnergyQuest has just released its Australian LNG Monthly for July 2021. Some of the highlights are: Australia supplied a record 72.4 Mt of LNG to North Asia – China, Japan, Korea and Taiwan- in FY 2021, up from 71.4 MT the previous financial year. The total landed value of this LNG is estimated to be […]
Victorian spot gas price hits 5-year hig...
The Victorian spot gas price hit $20 per gigajoule (GJ) on Tuesday afternoon, the highest price since 27 June 2016, five years ago. Other east coast prices were also high, $18.20/GJ at the Wallumbilla hub, $15.44/GJ in Sydney, $14.79/GJ in Adelaide and $14.39/GJ in Brisbane. Factors driving the surge in prices include strong winter gas […]