Slipping schedules in Australia
Weak prices and a glut of supply are delaying some Australian LNG supply
The country's share of liquefied natural gas supply to Asia is continuing to grow as new export facilities in Western Australia, Queensland and the Northern Territory are completed and start raising production capacity. But with a saturated Asian buyers' market and low oil prices hurting profitability, ramp-up timelines are slipping at some projects and the outlook for expansion or new projects is bleak. Australia is now the world's second-largest LNG exporter after Qatar and will become the world's leading exporter by 2020. According to the country's Office of the Chief Economist (OCE), another 15m tonnes a year of export capacity is expected to be completed by mid-2017, including second an
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
