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.
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 sector? This was the topic of a presentation I delivered in Brisbane on July 28, 2016, and this podcast is a recording of that presentation. The slides are on Slideshare.net and can be found here: The Future...
and I have spent a few days
in Darwin working with several local businesses
on how they might get into serving the #LNG sector
. The experience reminded me of fishing
, and not solely because of the stunning colors
of the ocean in Darwin. How should local business fish for business
in the largest LNG ocean
in the world (Australia's vast new installed base of LNG plants)?
that key clauses of current LNG sales agreements are anti-competitive
, what will be the impact
on global gas markets?
Saudi Arabia has embarked on the impossible and intends to wean itself off its addiction to oil. What effect could this have on global LNG markets? Duration: 9m 55s ...
There's been lots of calls to increase collaboration in the oil and gas world, but what does that actually mean? For inspiration I thought it might be useful to take a look at what kinds of collaboration are in place in other industries, and what...
Is a tie up of the LNG projects in Queensland something to consider? I wondered about this when I heard that one of Queenslandâs LNG industry executives and some investment bankers were in the media speculating about the possibility of the LNG projects combining forces....
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