$17B to be wiped off LNG export value

AUSTRALIA’s LNG volumes are expected to be lower this financial year than last at 76 million tonnes versus 79MMtpa thanks to both the pandemic and shutdowns at two export facilities while earnings will be severely hit thanks to lower oil and Asian spot prices.

$17B to be wiped off LNG export value $17B to be wiped off LNG export value $17B to be wiped off LNG export value $17B to be wiped off LNG export value $17B to be wiped off LNG export value

This morning's Resources and Energy Quarterly from the Office of the Chief Economist suggests exports will however recover to 80MMtpa by the next financial year, while prices will rise thanks to an

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