In addition to comprehensive LNG statistics, our December 2022 Australian LNG Monthly report carried two important stories: $78/GJ gas price cap in Europe, $12/GJ in Australia. Coincidentally both the EU and Australia announced gas price caps in the week before Christmas. However, the timing is where the similarity ends. The EU cap will begin from […]
Australian 2022 LNG export revenue over ...
Based on vessel tracking data, EnergyQuest estimates that Australian LNG exports reached a new record of 81.4 million tonnes (Mt) in 2022, up slightly from 81.1 Mt the previous calendar year. However, with higher oil and LNG spot prices, Australian LNG export revenue was up a massive 86% on 2021 with estimated export revenue of […]
What the $%@!! happened to energy in 202...
On 15 December Graeme Bethune gave this presentation to the Petroleum Exploration Society of Australia. A copy of the presentation can be downloaded below. If you would like further information email service@energyquest.com.au
EnergyQuarterly December 2022: Looming e...
EnergyQuest has just released its December 2022 EnergyQuarterly report with comprehensive analysis and data for the September Quarter, 2022 together with many statistics for October and into November. The federal government is poised to intervene in the east coast gas market. The report has a deep dive into the issues. Moves to cap gas prices would not only […]
Falling gas prices
EnergyQuest has just released its Australian LNG Monthly for October 2022. There are special reports on: Some of the highlights of this report are: Information about the EnergyQuest Australian LNG Monthly is available by clicking here.
$10/GJ gas price cap: energy dream or ni...
There are currently numerous proposals flying around for answers to high east coast energy prices. One proposal is for a $10/GJ gas price cap. Over the weekend we commented on this, using the data from our new East Coast Gas Outlook 2022 report. Our comments are covered in today’s AFR and Australian. If you are interested a copy […]
NEW: East Coast Gas Outlook 2022
EnergyQuest has just released its annual east coast gas projections to 2040: East Coast Gas Outlook 2022, Navigating the Storm. When EnergyQuest published the East Coast Gas Outlook 2021 report last year, we saw the industry as ‘Balanced on the Edge’ with great uncertainty – now the industry is “Navigating the Storm” with the simultaneous […]
Record August LNG export revenue
EnergyQuest has just released its Australian LNG Monthly for August 2022. There are special reports on: Record international energy prices Europe relying on fracked U.S. gas to avoid winter shortages EU energy plans Impact of gas sanctions on Russia The rapid rise of U.S. LNG East coast gas prices falling notwithstanding higher Gladstone exports ADGSM […]
Western Australia low energy price “para
EnergyQuest has just released its September 2022 EnergyQuarterly report. One of our findings is that with energy prices at eye-watering levels around the world, we believe that Western Australia now has the lowest gas prices in the OECD. In Q2 US Henry Hub prices in the U.S. averaged A$9.48 per gigajoule (GJ) and the UK National Balancing Point […]
EnergyQuarterly September 2022: Please c...
EnergyQuest has just released its September 2022 EnergyQuarterly report with comprehensive analysis and data for the June Quarter, 2022 together with many statistics for July and into August. There seem to be energy crises all around the world at present, driven by freak weather, the Ukraine war, COVID and botched decarbonisation. Global gas prices have outrun oil on an energy-equivalent basis. […]