Construction at Santos’s GLNG project. (Santos) Global Markets

Aussie LNG export limits to hit Santos hardest

The decision to limit LNG exports during periods of high demand is challenging for Santos, but the mechanism may face legal challenge.

By Sally Bogle 22 June 2017
ConocoPhillips is considering developing a second train at its Darwin LNG plant. (ConocoPhillips) LNG

IOCs look upstream for second train at Darwin

Major global companies are working together to develop assets off the northwestern coast of Australia that could support a second train at Darwin LNG.

20 April 2017
Global Markets

Australian customers paying more for gas than Japan

Commercial and industrial customers on Australia’s east coast are paying as much as or more than Japanese companies for Australian gas

19 April 2017
Supply & Demand

Australia exports 13 mt of LNG in Q4 2016

Australia's LNG exports more than doubled in Q4 2016 compared with Q4 2014, and growth will continue as more liquefaction plants come online.

13 April 2017
Alternative Fuels

Enel to invest $157 million in Australian solar PV project

A joint venture between Enel’s renewable energy subsidiary Enel Green Power and investment firm Dutch Infrastructure Fund has signed an agreement to acquire Bungala Solar One.

10 April 2017
Gorgon LNG. Australia is expected to be the world’s leading LNG exporter between 2018 and 2023. (Chevron) LNG

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.

7 April 2017
Exploration & Production

Shell sells its stake in New Zealand’s Kapuni gas field

Shell has sold its 50% stake in the Kapuni gas field, the second-largest in New Zealand, for an undisclosed price to its long-term partner Todd Energy.

6 April 2017
Companies & Finance

Origin Energy to invite bids for conventional assets

Australia’s Origin Energy plans to invite bids for its conventional oil and gas assets.

6 April 2017
LNG

Ichthys LNG startup slips to 2018 – Total CEO

The Inpex-led Ichthys LNG project will not start shipping gas until early 2018, three months behind schedule, according to Patrick Pouyanné, the chief executive of French major Total.

5 April 2017
LNG

No threat from Asian buyers’ alliance – Coleman

Peter Coleman, chief executive of Australia’s Woodside, does not see a threat from the buyers’ alliance made up of Japan’s Jera, South Korea’s Kogas and China National Offshore Oil Corp.

30 March 2017
Woodside is hoping to provide LNG from the Pluto LNG plant for a dual-fuel supply vessel. (Woodside) Gas for Transport

Australia shifts to LNG bunkering and transport

Australia’s vast reserves of gas, an impending global LNG supply glut and tightening emission controls mean there is significant potential for LNG to be used as an alternative to diesel.

30 March 2017
LNG

Gorgon’s third LNG train starts production

Chevron Australia has announced the start of production from its third and final train at the Gorgon LNG project on Australia’s Barrow Island.

29 March 2017
Supply & Demand

Eastern Australia gas crisis a ‘shadow’ over industry – Coleman

Eastern Australia’s gas crisis will get worse before it gets better, according to the chief executive of Perth-based Woodside Petroleum, Peter Coleman.

27 March 2017
Santos’s Gladstone LNG is one of the facilities under pressure from the Aussie government to cut exports. (Santos) Exploration & Production

Queensland LNG under pressure to cut exports

Australia's federal government is putting pressure on Queensland’s LNG producers to cut back on exports to ensure there is enough gas for domestic needs.

24 March 2017
Exploration & Production

Shell plans to drill new wells in Queensland

Shell plans to drill 161 new wells in the Australian state of Queensland by the end of 2018 to continue supplying 10% of the country’s domestic market, the company has said.

21 March 2017
Exploration & Production

Jobs under threat if Santos’s Narrabri CBM project is stopped

Adelaide-based Santos has said there could be job losses and closures if its $3.6 billion Narrabri CBM project in Australia’s Pilliga state forest does not go ahead.

20 March 2017
Policy & Regulation

Top producers agree to increase gas to Australia’s domestic market

Top gas producers including ExxonMobil and Shell have agreed to increase supplies to Australia's domestic market to help avert future gas shortages.

15 March 2017
Exploration & Production

ACCC chairman calls for more domestic gas in eastern Australia

Australia needs to reserve more gas for its eastern market, the chairman of the Australian Competition and Consumer Commission has said.

14 March 2017
The Gladstone LNG plant. The Fisherman’s Landing project could feed into nearby plants. (Santos) LNG

Queensland’s fourth LNG project still on the table

LNG Limited is keeping its options open for the Fisherman’s Landing project in Queensland – a potential winner if Asian LNG demand recovers.

13 March 2017
Supply & Demand

Australia facing high energy prices and shortages – utility chief

There is no quick fix for the energy shortages being faced by Australia’s eastern and southern states, the chief executive of EnergyAustralia has said.

9 March 2017
LNG

Australian LNG projects hit by legal tussles

A number of Australia’s LNG export projects are caught up in legal battles as owners and contractors try to pin the blame on each other for delays and cost overruns.

7 March 2017

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