LNG

Exxon tries to get ahead of rival Aussie LNG schemes

Exxon's plan for an LNG terminal in southeastern Australia is the fourth such project to be announced, and it will need to extend its customer base to succeed Exxon's plan for an LNG terminal in southeastern Australia is the fourth such project to be announced, and it will need to extend its customer base to succeed.
By Sally Bogle 25 June 2018 0 31437
A platform in the Gippsland Basin offshore Australia ExxonMobil’s Snapper platform in the Bass Strait. (Exxon)

ExxonMobil must boost its customer base in the southeast of Australia if its proposal for a new LNG terminal in the region is to come to fruition. 

Exxon’s announcement of the project was a surprise given the three other similar facilities already slated for southeastern Australia – which is, ironically, also home to Queensland’s three CBM-to-LNG export projects. 

Exxon told Interfax Natural Gas Daily that it is in the early phases of assessing the project. It could start up “as early as 2022” and...