US LNG eyes eastern Australia market
Trans-Pacific shipments might compete to fill the country’s regional supply shortage
Australia could find itself in the unusual position of importing US LNG, despite having recently assumed the mantle of the world's largest LNG exporter. Prices competitive to other Asian markets and broadly similar transport rates could see US LNG supplying eastern Australia's supply-constrained pipeline gas market as early as 2020, say analysts, assuming start-up of any of five floating, storage and regasification unit (FSRU) import projects by then. The project promoters are Australia's AGL Energy and ExxonMobil in Victoria; Melbourne-based Venice Energy in South Australia; and consortium Australian Industrial Energy (AIE) and South Korea-based Epik LNG in New South Wales. The plans offer
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally
