Oil booming even as LNG values fall despite higher volumes

STATISTICS released by the Western Australian government today find a resource and oil and gas sector booming through the global COVID-19 downturn with oil sales actually rising to A$2.6 billion based on higher volumes despite pricing lows.

WA LNG exports up despite shut ins but volumes down

25 September 2020
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"While also negatively affected by lower prices, oil sales were up on account of a 63% increase in production volumes to five million kilolietres, a level last observed in 2016-17," the government

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