Australia has officially become the world’s largest exporter of LNG on an annualised basis. In sending overseas an estimated record 77.514 million tonnes (Mt) of locally produced LNG in calendar 2019, Australia edged out former No. 1 LNG export titleholder Qatar, expected to produce 75 Mt in 2019. The 2019 Australian LNG exports were more […]
Biofuels in Australia seem to be going nowhere! From about 2005 to 2010 there was a flurry of investment and interest in new biodiesel and ethanol plants in Australia. In 2009 Australia had nine operating biodiesel plants and three operating fuel ethanol plants. Come 2019, there are only three biodiesel plants of scale operating in […]
Natural gas is the second most important primary energy source for South Australia, second only to transport fuels and critical for power generation and industrial, commercial and retail customers. However the Cooper Basin, the source of almost all SA natural gas production, is currently only able to meet around 80% of SA demand and the […]
It is often claimed that Australians pay more for gas than do the overseas buyers of our LNG. Is this true? EnergyQuest tracks the landed price of Australian LNG in our three major markets, Japan, China and Korea. These are landed prices, prior to the cost of regasification, pipeline transport and profit margins in the […]
There are signs that Australian oil and gas exploration is starting to recover from the doldrums that have been the feature of recent years. EnergyQuest has recently completed a full industry review of Australia’s current and forward oil and gas exploration schedules. The research, by EnergyQuest’s well respected exploration analyst, David Upton, can be downloaded […]
Each year at the APPEA Conference PESA sponsors a review of production and development in the previous year. As the only source of comprehensive and timely data on Australian oil and gas EnergyQuest is often asked to prepare these reviews. This was the case again for the 2019 Conference. You can download Graeme Bethune’s presentation […]
Gas markets-a bridge too far? by Rick Wilkinson and Graeme Bethune was judged to be the Best Extended Abstract published in the APPEA 2019 Conference Proceedings. You can download the presentation here.
Graeme Bethune’s presentation to the Australian Domestic Gas Outlook Conference 5 March 2019.
LNG import projects are urgently needed in both Melbourne and Sydney to counter the risks of a growing shortage of gas in the southern states, according to a major energy report released today.
Queensland faces the partial shut-down of a third of its barely decade-old $84 billion LNG industry by the middle of next decade due to a gas supply shortage, together with diversions to the domestic market.