Information about the EnergyQuest Australian LNG Monthly is available by clicking here. What’s in a forecast?National energy laws now require government agencies to take account of jurisdictional greenhouse gas emissions reduction targets, in addition to the existing considerations of price, quality, safety, reliability and security of energy and energy services. AEMO’s forecasts are now based […]

Information about the EnergyQuest Australian LNG Monthly is available by clicking here. The Australian Government might not be done with market interventionThe southern region of the east coast domestic gas market is heading towards annual supply shortfalls in 2028, with peak supply potentially running short sooner. So, what are the options to address the shortfall, […]

Information about the EnergyQuest Australian LNG Monthly is available by clicking here. Support for new gas, as long it is next to existing gas – the Future Gas StrategyThe Australian Government’s Future Gas Strategy was released this month.  The Strategy sets out a medium- and long-term strategy for gas in Australia and, perhaps unsurprisingly given the […]

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 […]

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 […]

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 Woodside’s Scarborough LNG project saw approval for a seismic program rescinded due to similar issues; however, so […]

 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 […]