LNG exports to hit $50B

THERE is good and bad news for Australia’s gas industry with LNG running at full volume and in fact breaking records on the east coast with earnings for the financial year estimated to be A$50 billion, the same as last year.

LNG exports to hit $50B LNG exports to hit $50B LNG exports to hit $50B LNG exports to hit $50B LNG exports to hit $50B

But LNG import terminal needed on east coast by 2025: EQ

 

At the same time the longer term outlook for east coast gas supply remains grim and despite some onshore work on the east coast, this won't do much to address longer term, fundamental short