Australian liquefied natural gas (LNG) export earnings are forecast to fall from $48 billion in 2019-20 to $33 billion in 2020-21 due to weaker global prices and demand.
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Australian gas export volumes are forecast to decline to 78 million tonnes in 2020–21 due to technical issues at the Prelude and Gorgon liquefied natural gas plants in Western Australia. As outlined
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Under the 27-year deal, uncontracted gas from Arrow’s Surat Basin fields in Queensland would flow to the QCLNG Project on Curtis Island, which will then sell the gas to local customers as well as Read More