Australia set to dominate global LNG – for now

Australia is set to overtake Qatar as the world’s biggest LNG exporter in the next few years, but its time at the top spot could be short, analysts say Australia is set to overtake Qatar as the world’s biggest LNG exporter in the next few years, but its time at the top spot could be short, analysts say.
By Sally Bogle 7 April 2017 0 25402
Gorgon LNG. Australia is expected to be the world’s leading LNG exporter between 2018 and 2023. (Chevron)

Unless Australia’s exporters can find a way to produce LNG cheaply, the country’s impending role as the world’s leading LNG supplier may be short-lived now Qatar has signalled it will ramp up production from its North Dome gas field.

"Much attention is focused now on the cost-competitiveness of Henry Hub-linked LNG from the United States, but the substantial liquids credit of Qatari volumes and established infrastructure at Ras Laffan lends Qatar a tremendous cost advantage against all global projects," Gautam Sudhakar, director for global LNG...

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