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EnergyQuest Australian LNG Monthly July ...

EnergyQuest has just released its Australian LNG Monthly for July 2020. Some of the highlights are as follows: Lower oil prices are having a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals, lower prices, and asset write-downs.  LNG revenues are down 52% on a year ago Australian LNG shipments in July were steady compared with June, primarily […]

EnergyQuest Australian LNG Monthly May 2...

EnergyQuest has just released its Australian LNG Monthly for May 2020. Some of the highlights are as follows: Australian LNG shipments appear to be starting to see the impacts of the COVID-19 pandemic and the global oversupply of LNG. Australian LNG shipments in May were down by eight cargoes compared with April, primarily due to […]

EnergyQuarterly June 2020

The June 2020 EnergyQuarterly report has just been released, with comprehensive Australian oil and gas data for the March Quarter plus analysis of the latest developments.  In the Observations Section we have  a number of articles commenting on topical issues:   COVID-19 up-ends business-as-usual East coast gas outlook: all agreed? How much gas does the […]

China still hungry for Australian LNG

Australian Financial Review 15 May 2020 The global glut in natural gas and a growing frostiness in trade relations with China have so far failed to dent Australia’s LNG exports to China, with a big jump in cargoes delivered in April…  Australian Financial Review coverage of EnergyQuest April 2020 Australian LNG Monthly report. https://www.afr.com/companies/energy/china-still-hungry-for-australian-lng-20200514-p54stl

EnergyQuest Australian LNG Monthly April...

EnergyQuest has just released its Australian LNG Monthly for April 2020. Some of the highlights are as follows: Notwithstanding the global surplus of LNG and slowdown in economic activity due to COVID-19, Australian LNG shipments are holding up well. In April Australian projects shipped 6.9 million tonnes (Mt) (101 cargoes). Deliveries to China are also holding up. Australian projects delivered 40 cargoes to China […]

Shell and PetroChina’s Arrow gas venture

Another large write-down for Arrow but potentially turning the corner now the reserves book has been cleaned up and development is getting underway. Quoted in The Australian https://www.theaustralian.com.au/business/mining-energy/shell-and-petrochinas-arrow-gas-venture-in-520m-writedown/news-story/1dd35caef9b4de5aecd5f79b0f33463a?utm_source=The%20Australian&utm_medium=email&utm_campaign=editorial&utm_content=BusinessReviewAM&utm_source=Email&utm_medium=&utm_campaign=&utm_content=  

EnergyQuest Australian LNG Monthly March...

EnergyQuest has just released its Australian LNG Monthly for March 2020. Some of the highlights are as follows: The world has changed dramatically in the last six weeks as COVID-19 has spread world-wide. In the energy sector, abandoning oil production cuts at the OPEC+ meeting in early March turned out to be the worst possible decision for […]