Oil price uncertainty dampens outlook for Oz LNG expansion: REQ

AUSTRALIA’s oil revenue is expected to tremble over the next few years, as demand destruction and shockwaves from March’s oil price war continue to be felt globally.

Oil price uncertainty dampens outlook for Oz LNG expansion: REQ Oil price uncertainty dampens outlook for Oz LNG expansion: REQ Oil price uncertainty dampens outlook for Oz LNG expansion: REQ Oil price uncertainty dampens outlook for Oz LNG expansion: REQ Oil price uncertainty dampens outlook for Oz LNG expansion: REQ

Oz to take oil price hit in addition to LNG earnings fall

The Resource and Energy Quarterly from the Office of the Chief Economist, released yesterday, forecasts oil revenue to fall slightly this year 2019-20 to A$9 billion; then drop 2020-21 to $6.
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