Slipping schedules in Australia
Weak prices and a glut of supply are delaying some Australian LNG supply
The country's share of liquefied natural gas supply to Asia is continuing to grow as new export facilities in Western Australia, Queensland and the Northern Territory are completed and start raising production capacity. But with a saturated Asian buyers' market and low oil prices hurting profitability, ramp-up timelines are slipping at some projects and the outlook for expansion or new projects is bleak. Australia is now the world's second-largest LNG exporter after Qatar and will become the world's leading exporter by 2020. According to the country's Office of the Chief Economist (OCE), another 15m tonnes a year of export capacity is expected to be completed by mid-2017, including second an
Also in this section
6 February 2026
The long close relationship between key supplier Qatar and pivotal buyer Japan becomes even deeper following new landmark deal
6 February 2026
Partnerships across the LNG value chain have evolved over time, growing in both complexity and importance, according to panellists at LNG2026
6 February 2026
Nigeria's mega-refinery is still trying to solve many challenges, all while its owner talks up expansion
5 February 2026
While broadly supportive of EU efforts to tackle methane emissions, representatives of the gas industry warn it could deter supply contracting if timelines and compliance requirements are not made more pragmatic
