01
Apr
2012

Looking over the Australian hill: where will LNG’s next expansion phase come from?

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In visual_editor005 Qatar embarked on its unprecedented expansion in LNG capacity which would, by early visual_editor011, bring its total installed capacity to 77 mtpa, easily surpassing that of any other country. While the Qatari expansion was still building, the question was often asked: “What would come after Qatar?”, and “Which country or countries had enough LNG potential to stop a slump in production growth after the Qatari expansion was completed?” The answer to the question: “Where is the next Qatar?” has, of course, now emerged, and the answer is Australia. With some eight Australian LNG projects now under construction, the country will surpass Qatar’s current 77 mtpa of capacity towards the end of the current decade, if all the plants come in on schedule. This, of course, now raises the question: “What comes after the Australian expansion?” or, to put it another way: “How sustainable is the quite remarkable growth rate that LNG has displayed over the last few years?” In this article, LNG Business Review addresses the question: “What might lay the other side of the Australian hill?”

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