LNG

Elixir Energy, a small Australian exploration and production company, has signed a non-binding memorandum of understanding to help develop a small-scale LNG plant in land-locked Mongolia, the East Asian nation bordered by Russia and China.

Australia, the world’s largest exporter of liquefied natural gas to nations such as China and Japan, says it is faced with unique challenges in delivering natural gas to Australians as the domestic network is long in kilometre terms while it is delivering to a domestic gas market comparable in volume to that of Switzerland.