QER has produced the first oil from its technical demonstration plant at Gladstone.

What would it be like staying in a hotel run by a monopoly gas supplier: great security but a bit weak on customer service? So it was at Gazprom’s Hotel Vniigaz in the outer suburbs of Moscow, where I recently spent a week attending a meeting of the International Gas Union hosted by Gazprom. Security […]

The Greens crusade against CSG and LNG continues. The week before last it was claims that lifecycle greenhouse gas emissions from CSG are similar to emissions from coal-fired power, claims that were effectively laid to rest by the industry.  Then last week Greens Senator Larissa Waters introduced her bill into the Senate to restrict access […]

Fundamental differences about property rights are emerging when debating whether farmers are at the wrong end of Australia’s expanding coal seam gas industry. Understandably, not everyone is happy that Queensland now has three LNG projects based on coal seam gas (CSG) under construction.  This became clear in Senate hearings last week when Nationals Senators, Barnaby […]

When we started work on Australian Coal Seam Gas 2011: From Well to Wharf, we had ten questions in mind. Here are the questions and our conclusions. You can read more about the report at: https://www.energyquest.com.au/insightsandanalysis.php?id=95 1. What is the outlook for the Australian CSG to LNG projects? With three of the four major projects […]

Recent results from Beach Energy and interest by ConocoPhillips are encouraging for Australian shale gas. The US Geological Service believes that Australia has at least 396 Tcf of technically recoverable shale gas, based on an assessment of the following basins: Cooper (85 Tcf), Maryborough (23 Tcf), Perth (59 Tcf) and Canning (229 Tcf). ConocoPhillips has […]

It’s good to see that the Productivity Commission has been asked to opine on fossil fuel taxes and subsidies. Many of the items claimed as fossil fuel subsidies by the Greens are rebates from fuel taxes but fuel taxes themselves are omitted from the calculations. According to the Henry Tax Review, Australia collects around $14 […]

Hot on the heals of Prelude, the Ichthys LNG project is heading for FID this year. The Australian Government has given environmental approval. On the marketing front, Inpex has said that Ichthys has a clear prospect of selling the entire 8.4 million tonne capacity of the project, with agreements with Chubu Power (0.49 mtpa), Toho […]

Platts reports that China and Russia continue to be far apart on the price of gas under any agreement for Russia to export gas to China. http://www.platts.com/RSSFeedDetailedNews/RSSFeed/NaturalGas/8024191 Russia is reported to want a price of US$350/1,000 cubic metres (US$9.90/mmbtu), with China offering US$235/1,000 cubic metres (US$6.65/mmbtu). Russia is selling Sakhalin LNG to China at a landed price […]

Shell has announced the go-ahead for the Prelude LNG project, the world’s first floating LNG project, to be developed some 200 km offshore northern Australia in the Browse Basin. The project will tap around 3 trillion cubic feet of gas in the Prelude field, which was discovered in 2007, and begin production in around 2016. […]