China catching up to Japan in Oz LNG

ENERGYQUEST’S latest market report finds China catching up to Japan in the Oz LNG buying stakes as Japanese utilities baulk at the spread between the spot and oil-linked contract prices, seeking to negotiate better terms even as some begin to import more coal again for cheaper power. 

China catching up to Japan in Oz LNG China catching up to Japan in Oz LNG China catching up to Japan in Oz LNG China catching up to Japan in Oz LNG China catching up to Japan in Oz LNG

Prelude will supply more LNG to South Korea

After the end of the 2018-19 financial year Australia hit a record 7MMtpa in exports for July, a rise of 12 cargoes, after  maintenance at Pluto and a ramp up at Shell-operated Prelude.