Are the Australian people getting their fair share of the value of their LNG exports? From Down Under comes this latest fizzle, an argument that could pit the resource owner, whose coffers could well be empty relative to the next biggest national exporter, against the resource producers, who have run up huge costs to get into the LNG game by following the rules set by the owner.
Who’s right? Let’s let some high-price Canberra lawyers make the case, but as a public service to the Canadian and African projects, here’s my views on the matter.
Canada’s oil and gas sector is all a-twitter this week with the news that the Federal Government met its legislative deadline and provided a final positive decision on the Pacific NorthWest LNG project. The project is not assured – the proponents have clearly stated that they would need to revisit the project anyway since so much time has passed since the project was first proposed.
But it got me to thinking about the current state of the global LNG sector and whether any of the 50+ projects in the US or the 40+ projects in Canada will proceed.
It’s been a month since the last blog article appeared on Fuel Up! LNG, your favourite source of insight on the global LNG industry and Australia’s LNG trade in particular. You’re probably wondering what’s going on, and as a public service (at least, a service to my public), here’s what’s happening or about to happen.
As I am moving permanently to the cold embrace of a Canadian winter in September, I feel a strong need to provide some closing advice to the Australian LNG sector.
What does the future hold for Queensland's gas and LNG...
Back in January, I issued a popular (for me) post on my predictions for the LNG industry for 2016. Now that we’re through the first half, I thought it might be amusing to see how I’m doing, and perhaps update my outlook for the balance of the year.
Are you curious about the challenges in arranging LNG shipping?...
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