LNG

Australia’s LNG exports remain buoyant over summer

Exports from Australia’s east coast hit their second-highest level in June, but are likely to fall over the coming months because of maintenance and gas reservation policies Exports from Australia’s east coast hit their second-highest level in June, but are likely to fall over the coming months because of maintenance and gas reservation policies.
By Andrew Walker 17 July 2017 0 26781

LNG exports from plants on Australia’s east coast have plateaued since November and are expected to fall when the Queensland Curtis plant closes for maintenance in October. The government introduced a gas security mechanism this month that enables it to restrict exports when it believes there is not a secure source of gas available for domestic use. Santos’s Gladstone project could be hit hardest by this move as it buys its gas from local producers, who could be forced to...