(Oil Price) – The United States will remain the world’s largest LNG exporter in 2024 ahead of Qatar and Australia as America’s liquefied natural gas shipments are set to increase to a new record high from the previous all-time high of 2023. The United States is on track to export a total of 86.9 million metric tons of LNG this year,
Houston Chronicle Houston oil-field service company Halliburton has landed a contract for offshore natural gas wells that will feed an LNG project in Northwest Australia. In a statement released early Monday, Halliburton said it won drilling and completion services for the next phase of offshore field development in the Browse Basin off the coast of northern Australia. In one of
From The Houston Chronicle Within the next 12 months Australia is likely to surpass Qatar as the world’s largest exporter of liquefied natural gas, the Energy Information Administration is forecasting. Australian LNG capacity reached 11.4 billion cubic feet a day this year, more than four times what it was in 2011 and surpassing Qatar’s capacity. Australia “exported more LNG than
From Reuters BRISBANE (Reuters) – Imports of liquefied natural gas (LNG) to Australia – the world’s biggest LNG exporter – now appear “highly realistic” as the country struggles to fill a looming gas shortage, U.S. energy giant Exxon Mobil Corp said on Thursday. The assessment will add to the sense of urgency in the industry, which experts say needs at
From Reuters Australia’s government will not impose controls on exports of liquefied natural gas (LNG) next year because it does not see any shortages in the domestic gas market, Resources Minister Matt Canavan told Reuters in an interview on Tuesday. The country, which is vying to become the world’s biggest LNG exporter, enacted a law last year to control LNG
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