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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. […]

APLNG Q4 2020 domestic gas prices 34% be...

Further to our post earlier this week, there has been further evidence today that domestic gas prices are significantly lower than LNG prices. Origin Energy’s quarterly ASX report for the December quarter 2020 discloses that average revenue realised from LNG sales by the APLNG project at Gladstone in Queensland was US$5.20/MMBtu. That is A$6.71/GJ. APLNG’s […]

FACT CHECK: Australians still pay less f...

Notwithstanding extensive evidence to the contrary, gas buyers still claim that Australians pay more for gas than do the overseas buyers of our LNG. This remains false. EnergyQuest tracks the landed price of Australian LNG in our four major markets, Japan, China, Korea and Taiwan. These are landed prices, prior to the cost of regasification, […]

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 […]

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 […]

FACT CHECK: do Australians pay more for ...

It is often claimed that Australians pay more for gas than do the overseas buyers of our LNG. Is this true? EnergyQuest tracks the landed price of Australian LNG in our three major markets, Japan, China and Korea. These are landed prices, prior to the cost of regasification, pipeline transport and profit margins in the […]