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Buyers have gained the upper hand as growth in new supplies mainly from Australia and the U S has
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percent ” Chen said “Otherwise we will become too insecure too dependent ” Australia LNG industry prepares
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barrel price cap imposed by the Group of Seven nations Australia and the 27 European Union states
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tonnes per year ExxonMobil owns 30 Australia exported more LNG last year than Qatar The Age; Australia
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consumption New exports from Australia to the U S have flooded the market while brimming stockpiles in Europe
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declarations ship broker Poten Partner estimated in a report Feb 7 Australia most exposed to risk that China
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8 2018 Ichthys LNG partner expects further overruns on Australia project Reuters; Feb 8 The giant
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from Australia and the U S are set to come to the market over the next decade State owned Qatar
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September 11 2017 India negotiates lower price with Exxon for Australia LNG Reuters; Sept 10 India has won a
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by tanker including Qatar Australia and the U S Putin ended state run Gazprom’s monopoly on LNG exports four
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to buy an LNG company in Australia In Mozambique ADNOC will get a share in the 3 5 million tonne a year
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Japan’s largest LNG buyer wary of new rules in Australia S P Global; May 31 – Australia’s policy change
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supply problem on themselves Reuters’ columnist; March 6 Australia has painted itself into a corner
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Talk of LNG export limits worries Australia’s oil and gas industry S P Global Platts; Sept 6 A growing
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; May 18 Chevron has begun to restart its Gorgon liquefied natural gas export facility in Australia
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drives up domestic prices in Australia Reuters; June 24 – Australia one of the largest liquefied natural
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annual capacity Australia will not hold top spot in LNG exports very long Business Insider Australia; Jan
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project in Australia will not be renewed S P Global Platts Analytics said the contracts — covering a
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the coast of Australia just weeks after giving assurances that output would start imminently Inpex s new CEO
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of Australia’s oldest LNG plant is seeking inspiration from the U S Gulf Coast The North West Shelf venture