Gorgon is now more than 90 per cent complete and on schedule for first LNG in the coming months, with a recent milestone being the successful start-up of the first gas turbine generator – a critical
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APA finalises QCLNG Pipeline acquisition
The final acquisition price, after the deal was announced in December last year, is $US4.6 billion ($AU5.9 billion) and the first full year earnings before interest, taxes, depreciation and amortisation
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Energy Networks Association’s gas seminar to chart future growth and prosperity of the sector
With domestic gas production set to triple, the Australian Competition and Consumer Commission (ACCC) estimates over 75 per cent of gas reserves and a significant proportion of gas production in Eastern
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East Coast faces 133 PJ gas shortage: EnergyQuest
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Gas revenues to bounce back in 2015-16: report
IBISWorld Senior Industry Analyst Spencer Little said it is anticipated that 2015-16 will offer a much rosier picture for some of the nation’s largest industries, including oil and gas extraction.
“Additional
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Chinese gas demand slump to hit LNG exports
The firm is forecasting a surplus of approximately 18 Bcm of LNG contracted to China across 2015-17.
While the Chinese gas market looked set to continue its pace of growth 12 months ago, with an average
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PNG LNG celebrates 100th cargo
The Methane Spirit LNG carrier is transporting the cargo to Tokyo Electric Power Company in Japan, the recipient of the first LNG cargo in May 2014.
More than 7 MMt of LNG have been exported since the
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In a changing market, what lies ahead for domestic demand?
For retailers and pipeline businesses, this is a concern. Higher prices, particularly in NSW where the penetration of gas is relatively low, could push the gas sector into a cycle of lower demand and higher
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Icon Energy and Shantou Sino Energy extend LNG deal
The new date for completion of the conditions in the agreement to supply 40 MMt of LNG is now on or before 30 June 2018.
The LNG sales agreement, signed by both parties in March 2011, followed a memorandum
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LNG eyes five-year export boom: report
However Australian consumers of the energy resource could be left to foot the bill.
ANZ’s latest report on the LNG industry states that exports will rise to some $50 billion by 2020 as production
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