• 2 minutes California to ban gasoline for lawn mowers, chain saws, leaf blowers, off road equipment, etc.
  • 6 minutes China and India are both needing more coal and prices are now extremely high. They need maximum fossil fuel.
  • 11 minutes Europeans and Americans are beginning to see the results of depending on renewables.
  • 1 hour GREEN NEW DEAL = BLIZZARD OF LIES
  • 9 hours Monday 9/13 - "High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year" by Irina Slav
  • 5 hours The Climate Scare Stories Began With Far Left Ideology Per GreenPeace Co-Founder
  • 2 days "A Very Predictable Global Energy Crisis" by Irina Slav --- MUST READ
  • 2 hours Putin and Xi have decided not to attend the Climate Summit in Glasgow
  • 1 day Two Good and Plausible Ideas about Saving Water and Redirecting it to Where it is Needed.
  • 3 days Did China cherry-pick the factors that affected the economic slow-down?
  • 2 days Are you aware of Oil Price short videos on our energy topics?
  • 2 days "Here is The Hidden $150 Trillion Agenda Behind The "Crusade" Against Climate Change" - Zero Hedge re: Bank of America REPORT
  • 2 days Is China Rising or Falling? Has it Enraged the World and Lost its Way? How is their Economy Doing?
  • 2 days NordStream2

Breaking News:

California Gasoline Prices Are Spiking

Editorial Dept

Editorial Dept

More Info

Australia’s Shale Gas Sector Set to Take Off

Australia is in the midst of a massive construction wave for new liquefied natural gas (LNG) capacity, seeking to profit off of sky-high demand in Asia for the fuel. Already one of the world’s largest exporters of LNG, Australia plans on moving to the top spot over the next 3-4 years, potentially overtaking Qatar. It currently has the capacity to export 23 million tonnes per annum (mtpa), but it plans to almost quadruple that total by 2017. The 62 mtpa under construction in the land down under accounts for almost two-thirds of the total LNG capacity under construction around the world.

We have written in the past about the investment opportunities in Australian LNG, particularly with the coming wave of Chinese demand for the liquid fuel. But this time, let’s take a look at Australia’s natural gas sector from an upstream perspective.

Booming Natural Gas Production

Australian LNG could be a hugely profitable opportunity before the decade is out, but the export terminals are going to need enormous volumes of natural gas in order to supply all of those LNG trains. And once Australia is able to connect to China, Japan, and South Korea via LNG, demand for Australian natural gas is going to surge. That, in turn, will cause natural gas prices to rise.

That means that there will be a great opportunity to invest in upstream Australian natural gas producers. Australia has already steadily lifted its production of natural gas over the last thirty…




EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News