Prelude and Gorgon hit Oz LNG volume and value: REQ

THE latest Resources and Energy Quarterly from the Office of the Chief Economist  says though Australian LNG volumes will rise, revenue will remain low, but apart from the pandemic, lower prices and a general supply glut there is one more weight on the market: the Prelude and Gorgon shut ins. 

Prelude and Gorgon hit Oz LNG volume and value: REQ Prelude and Gorgon hit Oz LNG volume and value: REQ Prelude and Gorgon hit Oz LNG volume and value: REQ Prelude and Gorgon hit Oz LNG volume and value: REQ Prelude and Gorgon hit Oz LNG volume and value: REQ

Prelude shut in dragging down Oz LNG export volumes

 
"Australia's LNG exports are forecast to decline from 79 million tonnes in 2019-20 to 76 million tonnes in 2020-21, reflecting the impacts of COVID-19 on demand as well as technical issues at

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