The Australian Petroleum Production and Exploration Association (APPEA), which represents more than 60 exporters and producers, pushed back on Tuesday against possible government intervention in the natural gas markets.
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Australia’s east coast could receive more natural gas supply at a time when shortages are projected for the region.
Partners in the Noble Energy Inc.-operated Leviathan project offshore Israel are considering a floating liquified natural gas (FLNG) vessel to enable exports from the massive natural gas field.
Chevron Australia and Woodside Energy, Australia’s largest independent oil and gas producer, signed separate long-term agreements last week to supply 100 petajoules (PJ) of gas to the Worsley Alumina integrated mining and refinery complex south of Perth in Western Australia.
China’s two largest exploration and production companies increased natural gas volumes in the first half of the year, in line with a government mandate to offset coal use.
New Fortress Energy LLC is said to be holding meetings with the Philippine Department of Energy (DOE) about possibly investing in an onshore liquefied natural gas (LNG) import terminal to be integrated with a gas-fired power plant.
Another Australian energy company has signed a natural gas supply agreement to help support the country’s manufacturing and industrial sector.
Floating liquefied natural gas (FLNG) capacity in the next three years is predicted to more than double globally, as projects on both coasts of Africa and a second Malaysian export facility have been sanctioned for investment, Fitch Solutions said in a report Thursday.
With more of its bountiful natural gas destined for Asia-Pacific markets, leaving less for domestic use, Australia Pacific LNG (APLNG) last week agreed to provide 16.2 petajoules (PJ) of natural gas to the country’s manufacturing market.