Australia becomes an LNG force

Original article by Perry Williams
The Australian – Page: 21 & 24 : 7-Dec-18

Data from Bloomberg shows that Australia’s LNG exports totalled 6.55 million tonnes in November 2018, surpassing Qatar (6.27 million tonnes) for the first time. Australia’s LNG shipments for the calendar year are expected to exceed 78 million tonnes, compared with 77 million tonnes for Qatar. Projects such as Ichthys will further boost Australia’s LNG exports, although both Qatar and the US intend to increase production. Meanwhile, official figures show that Australia’s revenue from LNG exports totalled $38.8bn in the year to October, while coal and iron ore revenue was $64.6bn and $61.6bn respectively.

CORPORATES
BLOOMBERG LP, AUSTRALIAN BUREAU OF STATISTICS, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, INPEX CORPORATION, ROYAL DUTCH SHELL PLC, WOODSIDE PETROLEUM LIMITED – ASX WPL, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, S&P PLATTS

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