Australian LNG hotting up
Seaborne LNG-export capacity will jump nearly 20% in 2018 as new projects ramp up
Five down, two to go. That's the current state-of-play for Australia's suite of new LNG projects. As expected, Australian LNG exports are growing quickly. Shipments passed 50m tonnes in 2016-17, up by nearly 40% from the previous year, as three new projects hit their straps. The two most recent Queensland coal-seam-gas projects performed strongly. The Santos-operated Gladstone LNG (GLNG) doubled exports to 5m tonnes, while its neighbour, Australia Pacific LNG (APLNG) operated by Origin Energy and ConocoPhillips, produced nearly 7m. Both will continue to ramp up output in 2018 to their contract levels and beyond. APLNG underwent an operational test for project financiers in mid-2017 and achie
Also in this section
21 February 2025
While large-scale planned LNG schemes in sub-Saharan Africa have faced fresh problems, FLNG projects are stepping into that space
20 February 2025
Greater social mobility means increased global demand for refined fuels and petrochemical products, with Asia leading the way in the expansion of refining capacity
19 February 2025
The EU would do well to ease its gas storage requirements to avoid heavy purchase costs this summer, with the targets having created market distortion while giving sellers a significant advantage over buyers
18 February 2025
Deliveries to China decline by around 1m b/d from move to curb crude exports to Shandong port, putting Iran under further economic pressure
