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Horizon

Australia Revives Talk of LNG Export Curbs Amid Supply Concerns

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A new forecast indicating a higher-than-expected domestic gas shortfall in Australia’s east coast market has given Canberra a renewed urgency to consider measures restricting LNG exports in 2023. Any export restrictions would hit the three LNG export terminals in Queensland with a combined production capacity of 25.3 million tons per year. Less Australian exports would exacerbate the global supply tightness and extend the bullishness in Asian LNG prices.

Topics:
LNG Supply, LNG Projects, Policy and Regulation, Gas Supply
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