LNG

One of Australia’s leading energy market regulators has said that the events in Ukraine had pushed global energy markets further into the unknown and that gas supply problems for Europe could get much worse and LNG exporter Australia is also on course for severe gas shortages.

Australia is on track for record LNG shipments to remain the world’s largest exporting country, ahead of Qatar and the US, even in a year when two plants suffered long shutdowns and economies worldwide were slowed by the Covid-19 pandemic.