Original article by Perry Williams
The Weekend Australian – Page: 20 : 15-May-21
China has imposed an informal ban on Australian thermal coal since 2020, and consultancy Wood Mackenzie expects the ban to remain in place until 2022. There are now also suggestions that the ongoing tensions could see China pull back from agreeing to sign long-term LNG deals with Australia, which supplies 45 per cent of China’s LNG requirements. Woodside Petroleum advised in February that it had been forced to delay talks to sell LNG to China, citing the economic rift between the two nations.
WOOD MACKENZIE, WOODSIDE PETROLEUM LIMITED – ASX WPL
Original article by Ben Packham
The Australian – Page: 2 : 12-Feb-18
Australia’s coal and LNG exports totalled $A56.5bn and $A22bn respectively in 2017, but Resources Minister Matt Canavan says the US is emerging as a major competitor in Asia. The US currently exports shale gas to Japan, and Canavan says Asian buyers have also expressed interest in US coal. The US has traditionally been a net energy importer, although the Department of Energy has forecast that it will be a net exporter by 2022.
AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, UNITED STATES. DEPT OF ENERGY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, MINERALS COUNCIL OF AUSTRALIA, ENERGYQUEST PTY LTD, AUSTRALIAN LABOR PARTY, AME GROUP PTY LTD, ADANI MINING PTY LTD
Original article by David Uren
The Australian – Page: 20 : 25-Sep-14
Australia’s Bureau of Resources & Energy Economics forecasts 43 per cent growth in the nation’s earnings from resources exports in the next four years. LNG exports are expected to be a key driver of earnings growth over this period, while the agency forecasts that coal and iron ore prices will rebound in the next several years. Earnings from resources exports are forecast to fall by 1.4 per cent in 2014 before rising by 13.4 per cent in 2015
AUSTRALIA. DEPT OF INDUSTRY. BUREAU OF RESOURCES AND ENERGY ECONOMICS, WESTPAC BANKING CORPORATION – ASX WBC