LNG

LNG market precariously balanced

AUSTRALIA might be set to take the crown of the world’s largest LNG exporter by the end of the decade, exceeding Qatar, but Qatar’s moves to boost its output from the North field, combined with the expansion of US shale gas exports mean it will be king of a glut.

LNG market precariously balanced

  According to Westwood Global Energy data, LNG capacity increased from 121 million tonnes per annum in 2000 to nearly 270MMtpa in 2010, and will reach just over 400MMtpa by the end of the year.  ...

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