In 2021, Australia exported a record quantity of LNG at 80.9 million tonnes, based on shipping data from EnergyQuest. “Exports were up by 3.7% on the 78.0 Mt exported in 2020, and also higher than
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China takes over as Australia’s top LNG export destination
China has overtaken Japan as Australia’s top LNG export destination for the 2021 financial year, according to EnergyQuest. Outlined in EnergyQuest’s monthly
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Australian LNG under threat from China
Australia’s liquefied natural gas (LNG) exports have weathered the pandemic well, maintaining the same level of shipments as last year, according to EnergyQuest. Outlined in its monthly LNG report,
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Leigh Creek inks JV agreement with China New Energy
Leigh Creek Energy (LCK) has signed a joint venture agreement with China New Energy (CNE) to develop in-situ gasification (ISG) operations in China.
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Coronavirus impacts LNG shipments: EnergyQuest
EnergyQuest has revealed that the impact of the coronavirus (COVID-19) is starting to emerge in the global liquefied natural gas (LNG) industry, as cargoes are delayed or redirected.
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Oxford Economic predicts oil prices to stabilise
Oxford Economics has highlighted that the oil market has plunged as a result of the coronavirus, but its analysis reveals that demand should recover in the second half once the outbreak has been confined.
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FPSO sector braces for coronavirus impact
Rystad Energy has forecast that due to the coronavirus outbreak, floating production, storage and offloading (FPSO) vessels that are under construction in China, South Korea and Singapore will be delayed due to staffing and supply shortages in these countries.
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EIU expects coronavirus to hit global demand for oil
Fears around the coronavirus have caused oil prices to fall by almost 20 per cent between late January and early February, a report by the Economist Intelligence Unit (EIU) has found.
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