Australia LNG news

Chevron Corporation and Mitsui O.S.K. Lines, Ltd have announced the signing of a joint study agreement on the feasibility of transporting liquified carbon dioxide from Singapore to permanent storage locations offshore Australia.

Woodside Energy and the Japan Bank for International Cooperation have signed a memorandum of understanding aimed at securing a stable supply of energy for Japan and to assist in achieving its decarbonisation goals.

MidOcean Energy, an LNG company formed and managed by EIG, has entered into a definitive agreement with Tokyo Gas Co., Ltd to acquire Tokyo Gas’ interests in a portfolio of four Australian integrated LNG projects.

A new record forecast for LNG exports shows the importance of bringing on new gas supply to Australia’s economy.

Australia’s east coast LNG exporters will ensure supply amid a forecast risk of energy system pressures next year as part of a package of measures – delivering secure, competitively-priced gas to domestic customers.

Woodside Energy and Bechtel have started construction on the project site.

The project is being built near Karratha, Western Australia, as part of Woodside Energy’s AUS$16 billion Scarborough investment.

Viva Energy has entered into commercial agreements with GeelongPort for the construction and provision of necessary infrastructure for the proposed gas terminal in the Port of Geelong, Australia.

Australia Pacific LNG has appointed Khoa Dao as Chief Executive Officer to take the helm of the business as it continues to play a key role as a reliable supplier of LNG.

An average of 49.0 billion ft3/d of LNG was traded globally during 2021, an increase of 2.2 billion ft3/d from 2020, according to The LNG Industry GIIGNL Annual Report 2022.