Australia LNG news

Rystad Energy has identified the LNG producers better positioned to curtail their output in response to the state of oversupply caused by the COVID-19 coronavirus pandemic.

Asian LNG spot prices have recorded a jump of at least 20% in the last week, due to constricted supply amid recovering demand in Asia.

The LNG MFI has welcomed the introduction of new incentives encouraging ships visiting Pilbara Ports to use cleaner marine fuels like LNG.

LNG MFI has described the Pilbara Port Authority’s move to issue STS LNG bunkering licences to Woodside Energy as a major win.

LNG Limited has announced the appointment of voluntary administrators to review the company’s business and assets.

Australia’s Origin Energy has reported an 18% decline in revenue from its stake in the Australia Pacific LNG (APLNG) project due to lower contracted sales.

Inpex has sold a cargo of LNG from the Ichthys LNG plant, located offshore Australia, for a record low price.

The Government of New South Wales has approved Australian Industrial Energy’s request to increase the capacity of its Port Kembla gas terminal.

Woodside has released its first quarter report for the period ended 31 March 2020.

Shell Australia has taken a final investment decision to develop the first phase of Arrow Energy’s Surat Gas Project in Queensland, Australia.