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2014-08-29 17:50:00

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER

Country Analysis Brief Overview

  • Australia, rich in hydrocarbons and uranium, was the world's second-largest coal exporter in 2012 and the third-largest liquefied natural gas (LNG) exporter in 2013.
  • Australia's dependence on oil imports has increased to fill the growing gap between domestic consumption and production.
  • Australia's overall oil production has declined since 2000, although additions through condensate production and smaller crude oil developments are expected to offset declines in mature fields over the next few years.
  • Australian natural gas production has increased sharply over the past decade as a result of new projects.
  • Australia has become a leading LNG exporter in the Asia-Pacific region in the past decade. Greater expected natural gas production and new LNG capacity in the next few years is likely to boost natural gas exports even more.
  • Australia is the world's second-largest exporter on a weight-basis, and coal ranks as the second-largest export commodity for Australia in terms of revenues. It holds the fourth-largest reserves.
  • Although about 87% of Australia's electric generation in 2013 was from fossil fuels, chiefly coal, there is a push for cleaner and more renewable power.

 

 

 

 

 

 

 

 

eia.gov

Tags: AUSTRALIA, LNG
AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:55:00

OIL PRICE: NEAR $63

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:50:00

OPEC CONFORMITY LEVEL 98%

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:45:00

OIL FOR CHINA: 12.05 MBD

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:40:00

CHINA'S GDP GROWTH 6.6%

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:35:00

FLAT US E&P CAPEX

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER January, 21, 11:30:00

SAUDI ARABIA INVESTMENT $10 BLN

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Chronicle:

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER
2019, January, 21, 11:25:00

LATIN AMERICA ENERGY FORUM FEBRUARY 2019

The 3rd Latin America Energy Forum will address the needs of Latin America's evolving energy sector, exploring the evolution of the region’s energy mix and the role of gas in supporting the increased use of nonconventional renewables.

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER
2019, January, 21, 11:20:00

FASTEST RENEWABLE GROWING

U.S. EIA - EIA expects non-hydroelectric renewable energy resources such as solar and wind will be the fastest growing source of U.S. electricity generation for at least the next two years.

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER
2019, January, 21, 11:15:00

EMIRATES RENEWABLE INVESTMENT AED4.4 BLN

ENA - Mohammed Saif Al Suwaidi, Director-General of ADFD, said, "The Abu Dhabi Fund for Development believes in the vital role the renewable energy sector plays in attaining the sustainable development goals in developing countries. This important sector stimulates economic growth, creates employment opportunities, drives innovation, supports the advancement of other key sectors, and optimises the use of natural resources – all crucial factors in improving people’s lives."

AUSTRALIA: THE 3-RD LARGEST LNG EXPORTER
2019, January, 21, 11:10:00

RUSSIA, SERBIA NUCLEAR

WNN - Russia and Serbia have signed an intergovernmental agreement on cooperation in nuclear energy and a joint statement on strategic partnership for the construction of a centre of nuclear science, technology and innovation.

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