No plain sailing for Australian LNG
The country will shortly become the world's largest exporter
Since the nation's eight new liquefied natural gas export projects were sanctioned—most of which are now operational—oil prices have near halved and the dynamics of the market have changed significantly, rapidly and unpredictably. Australia's high-priced exporters face a raft of uncertainties. These have shaken the foundations of the project-financing and long-term, oil-indexed, bilateral-contract structure on which the large-scale projects were sanctioned. While views differ on the size and duration of a global LNG supply surplus, the availability of more varied supplies is spurring the entry of trading entities. At the same time, the development of trading hubs offers a more transparent an
Also in this section
24 December 2025
As activity in the US Gulf has stagnated at a lower level, the government is taking steps to encourage fresh exploration and bolster field development work
23 December 2025
The new government has brought stability and security to the country, with the door now open to international investment
23 December 2025
A third wave of LNG supply is coming, and with it a likely oversupply of the fuel by 2028
22 December 2025
Weakening climate resolve in the developed world and rapidly growing demand in developing countries means peak oil is still a long way away
