Australia LNG news

Australia’s three east coast LNG plants promise to plug the projected domestic gas supply shortfall in 2018.

Uncertainty continues in light of the natural gas shortfall forecasted for 2018.

Last year the Queensland LNG projects caused a significant disruption to the market and the supply-demand balance.

Australia PM plans to curb LNG exports if producers do not fill shortfall.

Australia’s competition watchdog have said the country’s east coast gas exporters have not done enough to shore up local supply, ahead of a government decision on whether to curb LNG exports in 2018.

According to Reuters, India has renegotiated the price of LNG from the Gorgon project in Australia, in order to make it more affordable for price-sensitive domestic customers.

Wood Group has announced that it has signed a new five-year contract with INPEX Operations Australia Pty Ltd to provide subsea engineering services for the integrity of the Ichthys LNG project.

Halfwave has announced that it has been awarded a long-term contract by INPEX Australia for multiple in-line inspections.

Surging production lifted total Australian natural gas output to a record 3770 PJ in 2017.

Senex Energy Ltd has released a statement claiming that it has been successful in the Queensland Government’s domestic gas acreage tender, with first gas targeted for 2019.