On 9 December EnergyQuest CEO Graeme Bethune gave an east coast gas market update presentation to the SA Department for Energy and Mining’s annual Oil and Gas Roundtable. A copy of the presentation can be accessed below.
EnergyQuarterly December 2021. Net zero ...
The December 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the September Quarter 2021 and the year to September 2021 plus analysis of the latest developments. The cover highlights the increasing role of banks in pushing the world towards net zero. In just over a decade since the global financial crisis […]
EnergyQuest Australian LNG Monthly Octob...
EnergyQuest has just released its Australian LNG Monthly for October 2021. In our latest report we take a look at the long-term outlook for LNG, both globally and for Australia, drawing on projections by the IEA, Morgan Stanley and the federal government. The biggest challenge for Australian LNG is not net zero. Australia has already […]
Australian LNG shipments and revenue rec...
The ABS trade statistics that came out last Thursday showed record LNG export revenue of A$4.9 billion in September, as higher oil prices and LNG spot prices fed into export revenue. We estimate that the results for October are even better, with shipments from Australian projects of a record 7.23 million tonnes (up from 7.0 […]
EnergyQuest Australian LNG Monthly Septe...
EnergyQuest has just released its Australian LNG Monthly for September 2021. Some of the highlights are: In the August LNG report we asked “What’s going on with global gas prices?”. Since then the whole energy world seems to have been asking the same question, with the cover story in last week’s issue of The Economist […]
A short history of Australian east coast...
The Oxford Institute of Energy Studies has recently published a useful paper by Visiting Research Fellow, Nikolai Drahos: Australia’s gas trilemma: prices, exports and emissions. https://www.oxfordenergy.org/wpcms/wp-content/uploads/2021/09/Insight-100-Australias-gas-trilemma-prices-exports-and-emissions-.pdf The paper cites work over the years by EnergyQuest, including a contribution to a report presented to the World Gas Conference in Washington in June 2018, Exhibit 7 Australia’s […]
$100 million LNG cargoes?
Two weeks ago, on 16 September, we released our August Australian LNG Monthly report, which noted the surge in global gas prices. Significant growth in gas demand post COVID-19 in both North Asia and Europe has created competition for LNG cargoes, particularly from the US and Qatar, pushing up gas spot prices to record levels for […]
EnergyQuest Australian LNG Monthly Augus...
EnergyQuest has just released its Australian LNG Monthly for August 2021. Some of the highlights are: What’s going on with global gas prices? Significant growth in gas demand post COVID-19 in both North Asia and Europe has created competition for LNG cargoes, particularly from the US and Qatar, pushing up gas spot prices to record levels […]
EnergyQuarterly September 2021. Mega-dea...
The September 2021 EnergyQuarterly report has just been released, with comprehensive Australian energy data for the June Quarter 2021 and the 2021 Financial Year plus analysis of the latest developments. The cover story is the proposed Woodside-BHP Petroleum and Santos-Oil Search deals. The report analyses the drivers for both Woodside and Santos and BHP’s rationale in disposing of a business which they have had […]
EnergyQuest Australian LNG Monthly July ...
EnergyQuest has just released its Australian LNG Monthly for July 2021. Some of the highlights are: Australia supplied a record 72.4 Mt of LNG to North Asia – China, Japan, Korea and Taiwan- in FY 2021, up from 71.4 MT the previous financial year. The total landed value of this LNG is estimated to be […]