Australian LNG plant operators may need to work together to make the country’s exports of the fuel cost-competitive, experts say.
Recent data suggests a pattern of rapid growth in renewables in China continued in 2015, supported by a switch away from coal towards gas and LNG.
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An LNG carrier approaching Panigaglia. Italy’s terminals have been largely idle this year. (Interfax)
Pipeline suppliers are increasing their gas shipments to Italy in a scramble for market share as the country’s domestic production continues to fall.
But although this competition could benefit Italy by leading to lower prices, it is bad news for the country’s chronically underused LNG terminals.