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 […]
East Coast Gas Outlook to 2040: Keeping ...
The rise of COVID-19 and the outcome of the OPEC+ meeting on 5-6 March have seen one of the biggest disruptions the gas industry has ever seen. What is the outlook for the gas industry in these turbulent times? How does a company manage supply and market risk in this volatility? What do Boards and […]
EnergyQuest Australian LNG Monthly Febru...
EnergyQuest has just released its Australian LNG Monthly for February 2020. Some of the highlights are as follows: Australian LNG is starting to experience a double-whammy of lower volumes and lower prices. The disruption to trade with China and Japan from the coronavirus is starting to become evident in cargoes, not yet substantial but most […]
EnergyQuarterly March 2020
The March 2020 EnergyQuarterly report has just been released, with comprehensive Australian oil and gas data for 2019 and the December Quarter plus analysis of the latest developments. In the Observations Section we have a number of articles commenting on topical issues: Did Carbon Kill the Bight? Covid-19. Is Australia a Minor Contributor to Global […]
EnergyQuest Australian LNG Monthly for J...
EnergyQuest has just released its Australian LNG Monthly for January 2020. Suddenly the LNG market is being buffeted from all directions. The market was already soft with a warm winter in North Asia and rapidly growing US production. Now the outbreak of the coronavirus has hit oil prices (to which Australian LNG prices are indexed) and spot LNG prices. Brent […]
EnergyQuest December 2019 LNG Report
EnergyQuest has just released its December2019 LNG Report. Some of the highlights are: Higher LNG exports and lower east coast gas prices. Australia has officially become the world’s largest exporter of LNG on an annualised basis with the record performance for last year being 1.5 Mt above the Platts estimate (6 January) of Qatar 2019 […]
Australia formally becomes world’s #1 LN
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 […]
EnergyQuest November 2019 LNG Report
EnergyQuest has just released its November 2019 LNG Report. Some of the highlights are: Australian LNG shipments have not been affected yet by the surplus of LNG globally. Total Australian LNG shipments in November were 6.5 million tonnes (Mt) (96 cargoes), only slightly lower than 6.6 Mt (97 cargoes) in October. Australia’s November shipments were […]
EnergyQuarterly December 2019
The December 2019 EnergyQuarterly report has just been released, with comprehensive Australian oil and gas data for the September Quarter 2019 plus analysis of the latest developments. Here are some of the highlights: The east coast gas market balance improved significantly in Q3 2019. Gas production was higher by 20.4 PJ qoq to reach a […]
Running on Empty: How to keep NSW fuelle...
Within five years NSW gas supply will be unable to meet winter demand AEMO has warned that gas supply in NSW will not meet demand in the winter of 2025. Gas prices have already risen in response to the tight supply, presenting a serious challenge to manufacturers and other users of gas. Sydney gas prices […]