Related Articles
Outlook 2018
Forward article link
Share PDF with colleagues

Australian LNG hotting up

Seaborne LNG-export capacity will jump nearly 20% in 2018 as new projects ramp up

Five down, two to go. That's the current state-of-play for Australia's suite of new LNG projects. As expected, Australian LNG exports are growing quickly. Shipments passed 50m tonnes in 2016-17, up by nearly 40% from the previous year, as three new projects hit their straps. The two most recent Queensland coal-seam-gas projects performed strongly. The Santos-operated Gladstone LNG (GLNG) doubled exports to 5m tonnes, while its neighbour, Australia Pacific LNG (APLNG) operated by Origin Energy and ConocoPhillips, produced nearly 7m. Both will continue to ramp up output in 2018 to their contract levels and beyond. APLNG underwent an operational test for project financiers in mid-2017 and achi

Also in this section
Boom times for marine LNG
23 May 2018
Environmental regulation, economics and rapidly evolving technology are encouraging the use of liquefied natural gas as a marine fuel
Global refining capacity is going to keep growing
24 April 2018
Fast-growing markets are adding more plants and eking out gains at older ones. What's coming on, where, and when?
Refiners and finance: who's winning and where?
20 April 2018
Companies that splurged on sophisticated capacity additions, like Repsol and Tüpraş, and the majors with balanced upstream-downstream portfolios will benefit most