Information about the EnergyQuest Australian LNG Monthly is available by clicking here. All good for now on the east coastACCC says the (short-term) east coast outlook is for a surplus. Southern states have a forecast shortfall of 25 PJ, while Queensland has surplus supply of 30 PJ, even if all LNG project uncontracted gas is […]
EnergyQuarterly Report – March 2024
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 […]
Australian LNG Monthly Report – January
The merger that wasn’tAfter their early-stage merger talks were disclosed in December, Santos and Woodside have now completely abandoned the negotiations. Santos shares initially fell 9% before recovering to close the day 5.8% down, while Woodside rose 0.5%. Woodside will continue on its path, but the question remains: what’s next for Santos to unlock value […]
Australian LNG Monthly Report – December
What to watch in 2024 Offshore regulation The trials and travails of Santos’ Barossa project are well known, with legal challenges from Traditional Owners causing over a year of delays to the drilling program and also impacting pipeline laying. Woodside’s Scarborough LNG project saw approval for a seismic program rescinded due to similar issues; however, so […]
Australian LNG Monthly Report – November
Big and biggerThe big news of the month was the confirmation by Woodside and Santos that both were in discussion on a potential merger. The company resulting from a merger (we call MergeCo) would certainly be a significant company and become the world’s fourth largest listed LNG producer after Shell, Exxon, and Chevron. MergeCo would […]
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 […]
NEW: East Coast Gas Outlook 2023
EnergyQuest has released its fifth annual analysis of the east coast gas industry. The outlook for the east coast gas industry is one of great uncertainty. The potential for large swings from balanced supply/demand, to tight supply, to the long term possibility of over supply foretells an industry roller coaster ride ahead. At 314 pages […]
NEW: West Coast Gas Outlook 2023
EnergyQuest’s West Coast Gas Outlook 2023 brings together the most comprehensive data, forecasts, and analysis available on the Western Australian domestic gas market. This 188-page report examines the historical, current, and potential future state of a market which has been accustomed to low prices and plentiful supply but is now seeing the opposite. We assess […]
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 Report – June 202
Hoping for good weatherThe ACCC latest ‘interim’ report landed 30 June 2023 and the key findings were: Mandatory Gas Code of Conduct Full financial year figure Some of the statistical highlights in this report are: Information about the EnergyQuest Australian LNG Monthly is available by clicking here.