Oz awaits coronation
Australia expected to become world's largest LNG exporter next year, as buyers line up
Australia is nearing the end of a prolonged investment phase which will raise total installed liquefied natural gas liquefaction capacity to 88 million tonnes a year across 10 projects and three states. Once the two final projects—Shell's Prelude FLNG and Inpex and Total's Ichthys LNG—fully ramp up in 2019, Australia will be the world's largest LNG exporter and a major supplier to gas buyers in Japan, South Korea and China. But the journey has been long, challenging and costly to everyone involved, and continues to have repercussions for state and federal policy, local consumers and investors. The uniqueness and complexity of the LNG megaprojects, Australia's sheer geographic size, the sensi
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
The oil behemoth recognises the need to broaden its energy mix to reduce both environmental and economic risks
