Original article by Perry Williams
The Australian Financial Review – Page: 1 & 8 : 7-Sep-15

The International Energy Agency has questioned the viability of major Australian LNG projects, warning that they may not break even due to factors such as the downturn in the crude oil price and falling demand from Asia. The agency also believes that the proposed Browse, Sunrise and Scarborough projects may not go ahead. Energy forecaster Fereidun Fesharaki also has doubts about the profitability of Australian LNG projects.

CORPORATES
INTERNATIONAL ENERGY AGENCY WOODSIDE PETROLEUM LIMITED – ASX WPL ORIGIN ENERGY LIMITED – ASX ORG SANTOS LIMITED – ASX STO BHP BILLITON LIMITED – ASX BHP EXXONMOBIL CORPORATION ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT CHEVRON CORPORATION INPEX CORPORATION SINOPEC CORPORATION ROYAL DUTCH SHELL PLC AUSTRALIA PACIFIC LNG LIMITED CONTACT ENERGY LIMITED