Exporters of LNG from Australia’s eastern coast could be required to divert spot cargoes for the domestic market this winter as the country’s energy market operator forecasts increased peak demand and greater future supply uncertainty. The Australian Energy Market Operator (AEMO) recently published an updated outlook of the country’s domestic supply risks and the potential…
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Chesapeake Aiming to Be Major Natural Gas Supplier in U.S. LNG Capacity Expansion
A revamped Chesapeake Energy Corp. continues streamlining its strategy around supplying natural gas to the Gulf Coast LNG corridor, executives said in an earnings call on Wednesday. The company sees a somewhat softer natural gas market in 2023, with no real structural demand growth until new export capacity comes online starting in 2024. “As export…

Australia Preparing for Possible Domestic Natural Gas Shortage
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.
Australia Plans LNG Export Curbs to Lower Domestic Prices
Australian natural gas has become cheaper abroad than it is at home, prompting the government to introduce liquefied natural gas (LNG) export restrictions intended to secure supply for Australians.

NatGas, Oil Groups Urge Global Sourcing of Steel for Pipelines
A quintet of trade associations representing the majority of U.S. pipeline operators engaged in transporting natural gas, natural gas liquids, crude oil, refined petroleum products and carbon dioxide, said Friday they support President Trump’s call for the use of American steel pipeline construction, but warn that there are serious hurdles to be overcome.
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DOE Study Finds Increased LNG Exports Would Drive Production, Prices Higher
The economic impacts of increased U.S. liquefied natural gas (LNG) exports would be “marginally positive,” according to a study released Monday by the U.S. Department of Energy (DOE).
Australian Regulators Put the Brakes on Proposed Shell-BG Merger
Regulators with Australia’s Competition and Consumer Commission (ACCC) said they are concerned that Royal Dutch Shell plc’s proposal to purchase UK-based BG Group plc could lead to higher natural gas prices, and they have postponed a decision on whether to approve the merger for two months.
Homebound U.S. Crude Missing Out, Even in This Market, Study Finds
Even in a depressed global oil market, keeping U.S. crude production tied up at home imposes a significant cost on U.S. producers, according to a Rice University researcher. Further, exporting crude would not raise domestic gasoline prices but would improve national energy security, he said.

Texas Lawmakers Hear Cry For Crude Exports
Not exporting U.S. crude oil is leaving billions of dollars on the table to be scooped up by Saudi Arabia and Russia, oil and gas interests said at a Texas House joint committee hearing Monday where lawmakers considered resolutions urging Washington to set U.S. oil free and hasten export approvals for liquefied natural gas (LNG).
Benefits of Canada’s LNG Tax Break Widespread, Industry Group Says
The Conservative government in Ottawa won high praise Friday from industry for a tax break for liquefied natural gas (LNG) plants that is forecast to help a little-known but widespread branch of domestic utility services as well as export schemes.