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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 […]

Domestic Gas Market Interventions, Inter...

In 2013 EnergyQuest completed an independent report for the Australian Petroleum Production and Exploration Association (APPEA) on domestic gas policy in 20 countries. The report was updated in November 2020. International experience is that government interventions to reduce domestic wholesale gas prices are often unsustainable, and have numerous negative side-effects in terms of economic, energy […]

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 […]

Aussie motorists shun biofuels

As Australian motorists continue to shun the use of ethanol in their fuel, and combined with the impact of COVID on all petrol type sales, demand for biofuels declined in 2019-20. Pre-COVID, Australia’s little changed biofuel production is at odds with the growing overseas experience where biofuel production (more so biodiesel) continued to increase in […]

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 […]

Interesting question: What % of east coa...

Given the interest in possible east coast prospective domgas reservation (assuming there is any gas to prospectively reserve) we have been asked what percentage of east coast LNG is sold domestically and how does this compare with Western Australia? In WA 15% of LNG has to be supplied domestically under the domestic gas reservation policy. […]

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 […]

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.  […]

Federal government gas-fired recovery

Comments from EnergyQuest’s August 2020 Australian LNG Monthly. This week the Australian federal government announced a so-called Gas-fired Recovery. The plan appears to be largely concerned with the east coast, without anything obvious about Western Australia, Australia’s largest gas producer. Much of the media focus has been on proposals for new pipelines and on proposals […]