Australia’s liquefied natural gas (LNG) exports surged in 2016 as a plethora of new projects in Western Australia, the Northern Territory and Queensland triggered a flood of new shipments to global markets, a new report from EnergyQuest has found.
Led by increased liquefied natural gas (LNG) production capacity in Australia, Platts Analytics has forecast a 16 per cent rise in Asian output in 2017.
Improved commodity prices are expected to push Australia’s mining and energy export earnings to a record in 2016-17, according to the Department of Industry, Innovation and Science.
UGL has won a $280 million maintenance contract for Stanwell Corporation’s coal and gas facilities.
Origin Energy has acquired two massive natural gas exploration permits for the Browse Basin, including offshore gas fields.
Origin Energy has inked a deal with BG Group’s Curtis Island LNG project which will see the company deliver 30 petajoules of gas over two years.
Floating liquefied natural gas, or FLNG, is not a new idea. But only recently have technological advances and economic drivers provided the opportunity for FLNG to become a commercial reality.