Australia LNG news
Santos releases COVID-19 response and business update
Santos has provided an update on the measures it is taking in response to COVID-19 and the current lower oil price environment.
Santos sells Darwin LNG and Bayu-Undan stake to SK E&S
Santos agrees to sell a 25% interest stake in Darwin LNG and Bayu-Undan to SK E&S.
Watchdog forecasts ample supply of gas in Australia for 2020
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.
Prelude FLNG temporarily suspends cargo liftings
According to Reuters, Royal Dutch Shell has temporarily brought a halt to cargo liftings from the Prelude floating LNG unit.
North West Shelf LNG project to return to full production imminently
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.
Coronavirus affecting Woodside’s ability to sign gas deals
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.
LNG from the land down under
Peter Kiernan, the Economist Intelligence Unit, Singapore, takes a detailed look at the Australian LNG market.
Inpex sells Ichthys LNG cargo
Inpex Corp. has a sold an LNG spot cargo from its Ichthys LNG project in Australia to France’s Engie.
LNG loading operations affected by Australian cyclone
According to Reuters, LNG shipments have been disrupted by a powerful cyclone that swept across parts of Western Australia.
AG&P and ADNOC sign FSU agreement
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.