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.

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