Tag Archives: LNG

LNG investments vanish in 2020 as coronavirus slashes oil and gas prices

No new liquefied natural gas (LNG) export projects could be approved this year for the first time in at least two decades, banking and industry sources said, after the COVID-19 pandemic drove down energy demand and knocked prices to all-time … Continue reading

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LNG $Billions tax avoidance

While government agonises over 2 bob taxation for backpacker fruit pickers, PRRT receipts are in freefall and any meaningful contribution from the industry could be decades away, according to briefings to the government of Western Australia. The numbers begged not to be … Continue reading

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LNG export gas emissions likely vastly underestimated – report

“If the emissions are a lot more than what is being estimated now, it could jeopardise our commitments made at Paris,” said report author Tim Forcey from the Melbourne Energy Institute…Gas has been spruiked as the lower-emissions fossil fuel since, … Continue reading

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Big LNG exports USA via New Panama Canal

Exports U.S. LNG stand to benefit from $5.4 Billion expansion of Panama Cana…much shorter travel time and lower cost shipments…Gulf Coast to big markets in Asia and South America.. ..Wider and deeper navigation channels and larger locks mean the canal can … Continue reading

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Energy switch: Is renewable electricity now driving coal prices?

It’s official: more money was invested in renewables and more generation capacity added in 2015 than ever before. Conventional wisdom has always been that low fossil fuel prices would make renewables uncompetitive even as the cost of renewable energy continues to drop. … Continue reading

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Are we approaching a gas price crisis?

As Rupert media continues its beat up that coal seam gas is essential, here’s a review that our East Coast gets most of its gas from Bass Strait and Cooper Basin. But contracts are about to expire. Very soon LNG … Continue reading

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Shale Gas Isn’t a Low-Emissions Fuel — Yet

Fugitive emissions need to be less than 3% for (natural) gas to be cleaner than coal because methane is 25 times worse than CO2 for global warming. Also read about USA gearing up for big LNG exports. Also gas finds … Continue reading

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