Gas Blog

Can Australian LNG projects stay competitive?

In less than a year, the Australian LNG landscape has gone from a feeling of euphoria to one of increasing negativity and pessimism. There is no doubt that the pendulum of sentiment tends to overshoot both extremes - the scale of the exuberance of 2010-2012 was, in hindsight, unjustified and unprecedented in the global LNG arena. Similarly, the pervasive pessimism today may be self-destructive if left unchecked. However, I will argue that some degree of caution is the prudent strategy when facing increasing uncertainty, and may be better for the long term competitiveness of the Australian LNG industry.

Introducing the Kerogen LNG Project Success Index

As the number of future LNG projects - ranging from those under construction to speculative projects in early stages - grows globally, potential LNG buyers, project financiers, investors, partners, host governments, and contractors are struggling to evaluate which projects are more likely to be ‘successful’ projects and thus deserving of their attention. Large international energy companies may be promoting a number of their own projects – but the projects themselves may not be of equal quality or have the same success factors.

2011 has been a hell of a year for the natural gas industry

It has been a few months since my last posting…needless to say, the world of natural gas has been extremely dynamic lately. A couple of key observations…

The gas revolution is here - but which approach is best?

For this period, I have reproduced a very interesting article by Robin Mills, a Dubai based Energy Economist (and good friend) that was published on June 21 2011. Hope you enjoy it.

Implications of the recent Gorgon LNG sale announcements

As I alluded to in my earlier blog, 2009 will be characterised by low gas prices and increased supplies. This will impact all gas markets and both the pipeline and LNG trade. With global LNG supply set to increase by 20% over this year, and faltering demand in most markets, there is no reason to assume that gas prices are likely to rise in the near future

Coal Seam Gas to LNG : Not a sure thing

For this month, instead of writing my own column, I have taken excerpts from an excellent article “Two Sides to CSG” published recently in ResourceStocks, an Australian information service. Hope you enjoy it.

2009 will be a year of historically low LNG prices

How the world has changed! In a few short months, the euphoria of the world energy markets has given way to pessimism and foreboding for the future. Energy companies have had to grapple with dramatically reduced revenues (if they were lucky enough to have producing assets) as well as the start-up of expensive projects, most of which were constructed during the past few years when all costs – including labor, steel and other metals, land, and energy – were at historically high levels. A perfect storm of tough times.