Plants with benefits
Once Australia has digested its massive liquified natural gas building programme, costs could fall and productivity rise
Collaboration is the new buzzword in Australia's LNG industry, where construction cost blowouts and lengthy delays in getting new facilities up and running have coincided with a supply glut and slumping spot prices in Asia-Pacific to make Australian LNG just about the most expensive around. Despite the country's efforts to overtake Qatar as the world's largest LNG exporter by 2018, the future of its gas-export industry is far from rosy. Demand in northeast Asia - Australia's key export destination - is unlikely to rebound until next decade and growth in southeast Asian markets is similarly timed. The glut is leading some contracted buyers of Australian LNG to renegotiate the price and le
Also in this section
20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment






