
Australia gas majors to avert local shortage
Australia's top gas producers, have agreed to boost supply to the country's domestic market to help avert an energy shortage.
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Australia's top gas producers, have agreed to boost supply to the country's domestic market to help avert an energy shortage.

Polish Oil and Gas Company has announced the signing of a side agreement to the existing Sale and Purchase Agreement with Qatargas.

Shell subsidiary BG International has announced that it is discontinuing development of the Prince Rupert LNG project.

According to Reuters, INPEX’s Ichthys LNG project has been hit by another contract dispute, involving the termination of over 600 workers.

Australian Prime Minister Malcolm Turnbull is blaming road blocks to gas exploration on the east coast for a looming domestic supply crisis.

Qatargas has announced that it has agreed to increase the volume of LNG which it supplies to Polish Oil and Gas Company to 2 million tpy.

The US may have surpassed Australia and Qatar to become the world’s biggest supplier of LNG by 2035.

Korea Gas Corp will seek flexible contracts to have more leeway to trade its LNG cargoes further down the line.

The latest tender award by Argentina for 20 cargoes seemingly lowered the pricing bar even further.

Tellurian Inc. has selected SG Americas Securities LLC to provide general financial strategy and planning for the development and financing its Driftwood LNG project.

Gazprom has postponed the launch of its Baltic LNG plant in the Leningrad region until 2022 – 2023.

Malaysian oil company Petronas has signed an agreement to supply LNG to Japan's Hokkaido Electric Power Company for ten years.