Australia LNG news

US and Australian projects boost Q3 LNG supply 10% on year

Woodside Petroleum and NERA have taken up the high-profile roles as Principal Sponsors of next year’s AOG2018.

EnerMech has been awarded a five year contract for hose and hose fittings supply and services for Shell’s Prelude FLNG facility.

Announcement made following a decision to discontinue the Great Australian Bight exploration program.

Vocus has announced the successful connection of its high-speed fibre-optic cable system to the Ichthys LNG project and the Prelude FLNG facility.

Australia expects to increase exports of LNG by 16% from mid-2018 as US$180 billion in new projects hit their stride.

Australia’s Beach Energy has agreed to buy gas assets from Origin Energy for US$1.25 billion.

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.