Santos has provided an update on the measures it is taking in response to COVID-19 and the current lower oil price environment.
Australia’s competition watchdog has forecast that Eastern Australia will have an ample supply of natural gas in 2020, although prices will still be higher than expected.
According to Reuters, Royal Dutch Shell has temporarily brought a halt to cargo liftings from the Prelude floating LNG unit.
According to Reuters, output from Australia’s largest LNG plant – the North West Shelf project – is set to return to full production in the next few days.
According to Reuters, Woodside Petroleum Ltd has announced that the coronavirus outbreak is affecting its ability to sign gas deals and sell stakes in a key growth project, reporting a 25% decrease in annual underlying profit.
Peter Kiernan, the Economist Intelligence Unit, Singapore, takes a detailed look at the Australian LNG market.
Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to France’s Engie.
According to Reuters, LNG shipments have been disrupted by a powerful cyclone that swept across parts of Western Australia.
AG&P has signed an agreement with ADNOC L&S for the conversion, supply, operations and maintenance of an FSU at AG&P’s new LNG import facility at Karaikal Port in Puducherry, India.