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2016-10-14 18:40:00

AUSTRALIAN LNG: 25 MLN MT

AUSTRALIAN LNG: 25 MLN MT

 

AUSTRALIA'S LNG EXPORTS

NGW wrote, Bechtel concluded its six-year Curtis Island LNG program, with Australia Pacific LNG (APLNG) starting sustained production from the second train.

The company has now delivered all six LNG production trains to three customers – QGC, Santos GLNG, and APLNG – on Curtis Island, off the shore of Queensland, just north of the city of Gladstone. On October 10, Origin announced that APLNG has produced the maiden LNG cargo from the second of its two 4.5mn mt/yr production trains.

The three facilities have the combined capacity to supply 25mn mt/yr of LNG –equal to about 8% of the world's production, Bechtel said October 11.

"Completion of the unprecedented scale of engineering and construction work on Curtis Island in Australia is a historic achievement for Bechtel, the largest greenfield program we delivered since the company was founded in 1898," said Alasdair Cathcart, president of Bechtel's Oil, Gas and Chemicals business unit.

With all the three LNG project on Curtis Island now operational, exports from Gladstone Port have seen a sharp jump in recent months. In fact, fiscal 2015-2016 (July 1-June 30) was a bumper year of LNG exports. Gladstone Port Corporation on October 4 said Gladstone Port exported 12.2mn mt of LNG during the FY 2015-2016, compared with only 1.61mn mt during the year before. Gladstone Port Corporation's expectation that rising exports would continue in FY2016-2017 as well is expected to come true as early numbers have been encouraging. In August, exports topped 1.5mn mt for the first time. The trend continued in September as well with total LNG exports from Gladstone Port reaching 1.56mn mt.

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Earlier:

AUSTRALIA: 

AUSTRALIAN LOOSES 

AUSTRALIA'S OIL PROFIT DOWN 

AUSTRALIAN LNG UP TO 2% 

LNG: BIG AUSTRALIA 

AUSTRALIAN LNG UP

 

LNG: 

LNG FOR AFRICA 

MALAYSIAN - CANADIAN LNG: $27 BLN 

CHEVRON'S LNG FOR CHINA 

ASIAN LNG IMPORTS UP 

THAILAND'S LNG WILL UP 

VIETNAM & JAPAN LNG 

INVERTED LNG MARKET 

GOLAR & SCHLUMBERGER LNG

 

 

 

Tags: GAS, LNG, AUSTRALIA,
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RUSSIA'S OIL PRODUCTION: 11.3 MBD

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UNEXPECTED OIL PRICES

AUSTRALIAN LNG: 25 MLN MT September, 21, 10:40:00

OIL MARKET UNCERTAINTY

AUSTRALIAN LNG: 25 MLN MT September, 21, 10:35:00

OPEC-NON-OPEC DECISIONS

AUSTRALIAN LNG: 25 MLN MT September, 21, 10:30:00

U.S. CAPITAL EXPENDITURES UP

All Publications »

Chronicle:

AUSTRALIAN LNG: 25 MLN MT
2018, September, 21, 10:25:00

U.S. ENERGY CASH: $119 BLN

U.S. EIA - Energy companies’ free cash flow—the difference between cash from operations and capital expenditure—was $119 billion for the four quarters ending June 30, 2018, the largest four-quarter sum during 2013–18 Companies reduced debt for seven consecutive quarters, contributing to the lowest long-term debt-to-equity ratio since third-quarter 2014

AUSTRALIAN LNG: 25 MLN MT
2018, September, 21, 10:20:00

WORLD OIL DEMAND: 100.23 MBD

OPEC - Total oil demand for 2018 is now estimated at 98.82 mb/d. In 2019, world oil demand growth is forecast to rise by 1.41 mb/d. Total world oil demand in 2019 is now projected to surpass 100 mb/d for the first time and reach 100.23 mb/d.

AUSTRALIAN LNG: 25 MLN MT
2018, September, 21, 10:15:00

IRAQ'S OIL: NO RECORD

ARAB NEWS - Oil exports from southern Iraq are heading for a record high this month, two industry sources said, adding to signs that OPEC’s second-largest producer is following through on a deal to raise supply and local unrest is not affecting shipments.

AUSTRALIAN LNG: 25 MLN MT
2018, September, 21, 10:10:00

NATURAL GAS EXPORT UP

PLATTS - The International Energy Agency expects the US to account for 75% of the global growth in natural gas exports over the next five years, a bullish outlook for LNG developers facing challenges at home getting projects off the ground and abroad with tariffs affecting trade flows.

All Publications »