×
×
Project Insights

Aussie LNG players step up trading focus

As LNG becomes a global commodity, Australian exporters are equipping themselves with more sophisticated international LNG sales and marketing capabilities As LNG becomes a global commodity, Australian exporters are equipping themselves with more sophisticated international LNG sales and marketing capabilities.
By Sally Bogle 13 March 2019 Asia Pacific / LNG 0 34029
An LNG tanker loading in Australia. (Woodside)

Australian LNG producers are increasing their involvement in trading as the domestic and international market evolves in line with a rising trend for shorter contracts and the need for more transparent pricing data.

For example, BHP has established an energy trading team to better manage dynamics in the tightening east coast gas market, where the Queensland LNG export facilities are affecting prices and reshaping the supply-demand balance.

At least two of the five LNG import concepts on the drawing board in the region will offer capacity to...