EIA Says New Projects Could Make Australia No. 1 LNG Exporter

May 2016, Vol. 243, No. 5

A report released March 30 by the U.S. Energy Information Administration (EIA) suggests that Australia could become the largest LNG bas exporter within three years. The EIA said the massive Gorgon project shipped its first cargo to Japan earlier in the month and that three more projects in eastern Australia have been fully or partially commissioned since 2014. Australia has LNG export capacity of 6.2 Bcf/d and if more comes online, it would hold 11.5 Bcf of natural gas export capacity. That amounts to about one-third of the total market in 2014, according to the…

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