EnergyQuest has just released its Australian LNG Monthly for May 2021. Some of the highlights are: Australia’s May LNG shipments were the lowest since February 2019. Asian LNG spot prices have passed US$12/MMBtu. The Callide Power Station outage has boosted the share of gas in Queensland generation from 6% to 20%. Australian projects delivered 43 […]
EnergyQuarterly June 2021 On the way to ...
The June 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the March Quarter 2021 plus analysis of the latest developments. Climate change policies and politics are recurring themes throughout this report. We ask “Who would want to be running Big Oil or Gas just now” and look in detail at the IEA Net […]
Lack of Gas the Biggest Threat To Austra...
EnergyQuest has just released its Australian LNG Monthly for April 2021. Some of the highlights are: Australia’s LNG exports have weathered the pandemic well. Exports last calendar year were 78.3 Mt, up on 77.0 Mt the year before. In its latest annual report, the International Group of LNG Importers (GIIGNL) ranks Australia as the world’s […]
Record Australian LNG shipments: EnergyQ...
EnergyQuest has just released its Australian LNG Monthly for March 2021. Some of the highlights are: Australian LNG shipments bounced back to record levels in March 2021 with a big lift in deliveries to China. In March Australian projects shipped 7.2 million tonnes (Mt) (105 cargoes), significantly higher than 6.0 Mt (88 cargoes) in February […]
North Asian LNG imports rose through 202...
by Graeme Bethune, Chief Executive Officer, EnergyQuest EnergyQuest has released its January 2021 Australian LNG Monthly, with a detailed analysis of North Asian natural gas imports in 2020. Notwithstanding COVID-19, LNG imports by North Asian countries, Japan, China, Korea and Taiwan, increased by 2.5% to a total of 200.3 million tonnes (Mt) of LNG in […]
Another Australian LNG export record in ...
by Graeme Bethune, Chief Executive Officer, EnergyQuest EnergyQuest estimates that Australia exported a record 78.0 million tonnes (Mt) of LNG in 2020, up from 77.5 Mt in 2019. This is a good result given the disruptions to the mega Gorgon project, the fact that Shell’s Prelude hadn’t produced since early February, issues seen at Wheatstone […]
Australian LNG import momentum growing b...
The momentum for LNG imports in south-eastern Australia is accelerating amidst closures of coal-fired power stations and warnings of a possible gas shortage in Victoria as soon as 2023. The most advanced project is Andrew Forrest’s Port Kembla Gas Terminal, which has environmental approvals in place, the site leased and major works due to start […]
Fall in February LNG shipments: EnergyQu...
EnergyQuest has just released its Australian LNG Monthly for February 2021. Some of the highlights are: Australian LNG shipments in February 2021 were lower compared with January, primarily due to reduced production at the NWS and Ichthys projects, and the shorter month. Australian projects shipped 6.0 million tonnes (Mt) (88 cargoes) in February, compared with […]
EnergyQuarterly March 2021 A Wild Ride i...
The March 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the December Quarter 2020 and the 2020 calendar year plus analysis of the latest developments. It has been a wild ride in energy markets over the last year. Oil prices crashed and then soared back to where they started. A […]
EnergyQuest Australian LNG Monthly Janua...
EnergyQuest has just released its Australian LNG Monthly for January 2021. Some of the highlights are: Notwithstanding COVID-19, LNG imports by North Asian countries (including Taiwan) increased by 2.5% to a total of 200.3 Mt LNG in 2020, 4.8 Mt higher than in 2019 when 195.5 Mt was imported. China remains far and away the world’s largest gas importer, well ahead of number two, Germany and number three, Japan. […]