Australian Rare Earths

Australian Alternative Energy Forum


Not Really a Forum, more of my memory aid.


Comments on this forum should never be taken as investment advice.


Go Back   Alternative Energy Forums > Alternative Energy Discussion > Gas

Reply
 
Thread Tools Display Modes
  #1  
Old 09-14-2015, 06:31 AM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,734
Default Australia the world's largest LNG exporter by 2018



Based on the capacity that is being built, official estimates show that LNG exports are set to rise from around 20 million tonnes per annum (mtpa) currently to around 85 million tonnes per annum (mtpa) by 2018.

Australia is set to overtake Qatar, which currently produces one-third of globally traded LNG, to be the largest exporter of LNG.

My take out from the above is that Australia is locked into providing long term LNG exports via the signed long term contracts in place. And as those contracts are mostly linked to oil prices these projects might not be quite as profitable with the current oil prices... But and it is a large but, what will happen if the oil supply from the middle east is disrupted?
How much will our Australian Eastern Seaboard gas consumers be paying then?

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

Reply With Quote
  #2  
Old 04-14-2016, 01:39 PM
Sparty Sparty is offline
Administrator
 
Join Date: Mar 2009
Posts: 1,734
Default Australia to supply 40% of China and Japan's gas by 2020

Despite the declining gas prices, Frydenberg remained optimistic about the future of Australia's gas industry, saying on Wednesday that by 2020, the country would supply about 40% of China's gas needs, 40% of Japan's gas needs and 25% of Korea's gas needs, while overtaking Qatar as the world's largest LNG exporter.

http://www.miningweekly.com/article/...ter-2016-04-13

 

Disclaimer: The author of this post, may or may not be a shareholder of any of the companies mentioned in this column. No company mentioned has sponsored or paid for this content. Comments on this forum should never be taken as investment advice.

Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump


All times are GMT. The time now is 04:27 AM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.