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 […]
EnergyQuarterly Report – December 2023
EnergyQuest has just released its December 2023 EnergyQuarterly report with comprehensive analysis and data for the September Quarter, 2023 together with comments and data of breaking news. Ready for the downhill run? For the past nine calendar years, every year, Australia has seen a new production record, but the streak will end in 2023, and […]
Has Australia reached peak natural gas p...
Australia aspires to be a renewable energy superpower. Time will tell whether this is realistic or not but Australia is currently a natural gas superpower. It is one of the top 10 gas producers globally (number 7 in 2022) and one of the top LNG producers, importantly the only OECD LNG producer in the Asia […]
Australian LNG Monthly April 2023
EnergyQuest has just released the April 2023 Australian LNG Monthly report.Don’t let the comfortable shoulder fool youWe are now in that comfortable shoulder period, between the northern winter and the Australian winter, and it is easy to become complacent as it all seems back to normal. But the fundamental market tightness is still there. Rising […]
Australian LNG Monthly March 2023
Highlights from the EnergyQuest Australian LNG Monthly report. Australia may be a lucky country, but it is in a global competitionThe three largest LNG buyers in the world have a great interest in what happens with Australian energy policy. Based on our February import data, Australia supplied 45% of Japanese imports, 28% of China’s imports and 23% of Korean imports. These three LNG buyers accounted for 74.4% of Australia’s March […]
EnergyQuest presentation to 2023 ADGO co...
On 21 March Graeme Bethune and Rick Wilkinson gave this presentation to the 2023 Australian Domestic Gas Outlook Conference. A copy of the presentation can be downloaded below. If you would like further information email service@energyquest.com.au
Australian LNG Monthly February 2023
EnergyQuest has just released the Febuary 2023 Australian LNG Monthly report. Did we just enter the eye of the energy storm?Those who go down to the sea in ships know that if you have the misfortune to be caught by a cyclone, it is an horrific storm. If it passes directly over you, then you […]
EnergyQuarterly March 2023: the governme...
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 […]
Australian LNG Monthly January 2023
EnergyQuest has just released the January 2023 Australian LNG Monthly report. In addition to all the LNG statistics, there are two main stories: One is on the proposed changes to the Australian Domestic Gas Security Mechanism, asking whether Australia is really the stable and reliable energy supplier that politicians claim it to be. Whatever its […]
Australian LNG Monthly December 2022
In addition to comprehensive LNG statistics, our December 2022 Australian LNG Monthly report carried two important stories: $78/GJ gas price cap in Europe, $12/GJ in Australia. Coincidentally both the EU and Australia announced gas price caps in the week before Christmas. However, the timing is where the similarity ends. The EU cap will begin from […]