Australia LNG news

Woodside Energy Ltd and Aramco have entered into a non-binding collaboration agreement to explore global opportunities, including Aramco’s potential acquisition of an equity interest in and LNG offtake from the Louisiana LNG project.

Woodside has made a final investment decision to develop the three-train, 16.5 million tpy Louisiana LNG development.

IEEFA Lead Gas Analyst, Josh Runciman, analyses the looming gas shortages and price situation in Australia.

Stonepeak has announced an agreement to acquire a 40% interest in Louisiana LNG Infrastructure LLC, an LNG production and export terminal in Calcasieu Parish, Louisiana owned by Woodside Energy Group Ltd.

Buru Energy Ltd has provided an update regarding the progress of its 100% owned Rafael gas project located in the Canning Basin, Western Australia.

Viva Energy has engaged Poten & Partners to secure an FSRU for its proposed LNG terminal in Geelong, Australia.

IEEFA has found that Australian gas users are struggling with high gas costs while producers of LNG are exporting to lucrative spot markets.

The reality of Queensland’s LNG export industry has failed to live up to expectations, plagued by cost blowouts and asset write-downs.

Tamboran Resources Corpo. and Santos Ltd have entered into a non-binding memorandum of understanding to undertake technical studies relating to a potential Darwin LNG Train 2 expansion.

Woodside and Chevron have agreed to an asset swap under which Woodside will acquire Chevron’s interest in the North West Shelf project, the NWS Oil project, and the Angel carbon capture and storage project, and transfer all of its interest in both the Wheatstone and Julimar-Brunello projects to Chevron.