Australian LNG could take $20B LNG earnings hit 2021

AUSTRALIA is set to lose up to $20 billion from LNG export earnings for 2020-21 thanks to a combination of low oil prices and low spot prices, dampened demand, more favourable US-Aussie dollar exchange rates and possibly marginally lower output. 

Australian LNG could take $20B LNG earnings hit 2021 Australian LNG could take $20B LNG earnings hit 2021 Australian LNG could take $20B LNG earnings hit 2021 Australian LNG could take $20B LNG earnings hit 2021 Australian LNG could take $20B LNG earnings hit 2021

Prelude shutdown one of many factors driving fall in LNG earnings

Australia exported 79 million tonnes in 2019-20 earning A$47 billion, and will export 80MMtpa for the next two years earning $35 billion and then $36 billion, today's Resources and Energy Quarterly
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