January 2015

LEAD STORY

LNG is the investment driver for Australian resources, accounting for 87 percent or around US$200 billion of committed investments, according to a report from the country's Bureau of Resources and Energy Economics.

Also in this issue

BG Group Executive Chairman Andrew Gould said the Queensland Curtis LNG plant, the first in the world using coal-seam gas, was a great success as it loaded its second cargo in the first week of January 2015.

LNG becomes an important tool for gas security, as trade flows can be re-directed in response to price signals coming from increasingly interconnected regional markets, the International Energy Agency said in its latest World Energy Outlook.

ExxonMobil, developer of LNG projects from Alaska and Papua New Guinea to Qatar, said in a report through to 2040 that natural gas and LNG are expected to be the fastest-growing major fuel sources over the next 25 years.

The first start of a Greenfield Propane-Mixed Refrigerant (C3-MR) LNG project can be challenging if the feed gas is very lean. The initial fill of refrigerant needs to be either produced or imported.