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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. […]

EnergyQuest Australian LNG Monthly Decem...

EnergyQuest has just released its Australian LNG Monthly for December 2020. EnergyQuest estimates that Australia exported a record 78.0 Mt of LNG in 2020, up from 77.5 Mt in 2019. This is a good result given the disruptions to Gorgon, the fact that Prelude hadn’t produced since early February, issues seen at Wheatstone with reduced […]

The three C’s of 2020: Covid, China and

EnergyQuest CEO Graeme Bethune looks back at 2020 As 2020 draws to a close it is time to reflect on the passing year. There are three themes that stand out to us from 2020. First, and obviously, the impact of the pandemic on individuals, countries and energy markets. In Australia the major impact on energy demand has […]

EnergyQuest Australian LNG Monthly Novem...

EnergyQuest has just released its Australian LNG Monthly for November 2020. November was a strong month for Australian LNG exports, with 6.9 million tonnes (Mt) shipped, the highest since April this year. This was despite supply disruptions from Gorgon, Australia’s second-largest project, and delays to the start-up of the Prelude floating LNG project. One of […]

EnergyQuest Australian LNG Monthly Octob...

EnergyQuest has just released its Australian LNG Monthly for September 2020. Some of the highlights are as follows: Chinese import restrictions, so far, do not appear to have affected Australian exports of LNG to China.  In the first ten months of this year EnergyQuest estimates that Australia delivered 23.5 Mt of LNG to China, precisely the […]

Queensland LNG export record in October

The east coast LNG producers had record exports in October.  They shipped 31 cargoes, 2.05 million tonnes for the month. The previous highest was 2.02 million tonnes (30 cargoes) in April 2020. More details to follow in forthcoming October edition of EnergyQuest Australian LNG Monthly. Information about the EnergyQuest Australian LNG Monthly is available by […]

EnergyQuest Australian LNG Monthly Septe...

EnergyQuest has just released its Australian LNG Monthly for September 2020. Some of the highlights are as follows: As Victorian gas production moves closer to the cliff  LNG import facilities are imperative. Australian LNG shipments in September were lower compared with August, primarily due to decreased production at the North West Shelf and Gorgon projects.  Shipments in the six months from April, […]

EnergyQuest Australian LNG Monthly Augus...

EnergyQuest has just released its Australian LNG Monthly for August 2020. Some of the highlights are as follows: Australian LNG shipments in August were higher compared with July, primarily due to increased production at the North West Shelf and Gorgon projects.   Lower oil prices are continuing to have a significant effect on Australian LNG with extended maintenance, and continued cargo deferrals.  […]