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...
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? Shipping is a pretty twisty area where it's very easy to lose lots of money. This podcast will cover off all the basic ways to lose money while arranging shipping for LNG, which, it turns...
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)?
I was on a panel discussion in Tokyo recently on the future of LNG trading in Japan. Japanese utilities have had to become traders in LNG because of unfortunate over purchasing. Here's the implications for global gas markets.Duration: 8m 48s...
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 ...
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