Здравствуйте. Вся информация этого сайта бесплатна. Вы можете сделать пожертвование и поддержать наше развитие. Спасибо.

Hello. All information of this site is free of charge. You can make a donation and support our development. Thank you.

2015-11-20 19:35:00

AUSTRALIAN LNG UP

AUSTRALIAN LNG UP

 

AUSTRALIA LNG EXPORT

 

Australia is significantly adding to global liquefied natural gas (LNG) supply capacity. Two new facilities started LNG exports within the last 12 months, and 5 more projects are under construction, scheduled to come online by 2018. With this growth, Australia is expected to overtake Qatar and Malaysia to become the world's largest LNG exporter, with 11.4 billion cubic feet per day (Bcf/d) of liquefaction capacity by 2019.

Australia began its massive build-up of new liquefaction capacity in the late 2000s on the back of high oil prices and growing demand in Asia Pacific countries. Four of the seven new projects (Gorgon, Prelude, Wheatstone, and Ichthys) are located off the north coast of Western Australia and three (Queensland Curtis (QCLNG), Gladstone, and Australia Pacific) are located in the eastern part in Queensland on Curtis Island. All three projects in Queensland use coalbed methane (CBM) to make LNG. The first of these projects to come online–QCLNG–began exports in December 2014, and increased its capacity in July 2015. Gladstone LNG shipped its first cargo in October 2015, while Australia Pacific is scheduled to come online within the next few months.

Next year, Australia is projected to add 3.1 Bcf/d of new liquefaction capacity, followed by another 3.5 Bcf/d in 2017 from projects in the western part of Australia. When all projects are online, Australia will have added 8.2 Bcf/d of new liquefaction capacity in 2014-17, bringing the total liquefaction capacity to 11.4 Bcf/d, or about one-third of the global LNG trade as of 2014. The United States will follow Australia with five facilities under construction having a total liquefaction capacity of around 10 Bcf/d. By the end of the decade, if all projects are built, the United States is slated to become the third-largest liquefaction capacity holder in the world, after Australia and Qatar.

Australian CBM-to-LNG projects use coalbed methane as a feedstock gas. These projects have relatively longer ramp-up rates because of the required extraction of large quantities of water to depressurize the coal seams. De-watering of fields can take 6 to 12 months before peak production can be reached. Also, because of low productivity per well and steep declines in coal seam fields, maintaining stable production requires ongoing development of thousands of new wells.

Before the start of construction of the terminals, and the fall in oil prices, the LNG export projects entered into contracts with buyers. More than 90% of new Australian liquefaction capacity is contracted to buyers in the Pacific Basin. Japan accounts for the largest share of contracted LNG from Australia, both from existing and new projects (35% and 46%, respectively). China is the second-largest customer, with contracts for 23% of the new liquefaction capacity. More than 2 Bcf/d of new liquefaction capacity will be sold into the general market, and is not contracted with specific buyers or destinations.

eia.gov

-----

More: 

TOO MUCH LNG 

AUSTRALIA BEGINS DRILLING 

GLOBAL LNG 

GAS COMPETITION 

LNG WILL GROW 

LNG MARKET: TRENDS AND OUTLOOK

 

 

Tags: AUSTRALIA, LNG, GAS
AUSTRALIAN LNG UP October, 15, 12:30:00

OIL PRICE: NEAR $81 ANEW

AUSTRALIAN LNG UP October, 15, 12:25:00

BAD BOYS: IMF & WBG

AUSTRALIAN LNG UP October, 15, 12:20:00

U.S. - CHINA NUCLEAR POLICY

AUSTRALIAN LNG UP October, 15, 12:15:00

U.S. - CHINA NUCLEAR SANCTIONS

AUSTRALIAN LNG UP October, 15, 12:10:00

IRAN SANCTIONS DOWN

AUSTRALIAN LNG UP October, 15, 12:05:00

IRAN - S.KOREA OIL DOWN ANEW

All Publications »

Chronicle:

AUSTRALIAN LNG UP
2018, October, 15, 12:01:00

GAZPROM - SHELL: BALTIC LNG

GAZPROM - The parties discussed relevant issues related to bilateral cooperation, including the Baltic LNG project. Emphasis was placed on the priority measures aimed at developing a joint design concept (pre-FEED).

AUSTRALIAN LNG UP
2018, October, 15, 12:00:00

U.S. RIGS UP 11 TO 1,063

BHGE - U.S. Rig Count is up 11 rigs from last week to 1,063, with oil rigs up 8 to 869, gas rigs up 4 to 193, and miscellaneous rigs down 1 to 1. Canada Rig Count is up 13 rigs from last week to 195, with oil rigs up 8 to 127 and gas rigs up 5 to 68.

AUSTRALIAN LNG UP
2018, October, 12, 11:40:00

OIL PRICE: NEAR $81

REUTERS - Brent crude futures had risen $1.02 cents, or 1.3 percent, to $81.28 a barrel by 0637 GMT. The contract dropped 3.4 percent on Thursday following sharp falls in equity markets and indications that supply concerns have been overblown. U.S. West Texas Intermediate (WTI) crude futures were up 80 cents, or 1.1 percent, at $71.77 a barrel, after a 3 percent fall in the previous session. WTI is on track for a 3.5 percent drop this week.

AUSTRALIAN LNG UP
2018, October, 12, 11:35:00

OIL PRICES 2018 - 19: $74 - $75

EIA - Brent crude oil spot prices averaged $79 per barrel (b) in September, up $6/b from August. EIA expects Brent spot prices will average $74/b in 2018 and $75/b in 2019. EIA expects West Texas Intermediate (WTI) crude oil prices will average about $6/b lower than Brent prices in 2018 and in 2019.

All Publications »