Royal Dutch Shell [1] has made major investments in developing conventional and unconventional natural gas resources in several parts of the world, building LNG terminals to prepare it for distant markets, develop the first floating LNG facility and develop new methods to convert natural gas into liquid fuels.
[1] http://www.shell.com/global/future-energy/meeting-demand/natural-gas/shell-natural-gas.html
More at New York Times.
The Cooper Basin in Australia’s outback has attracted major investments from several energy companies. Gas produced there would be sent by pipeline to an LNG facility on the coast for export.
More at Businessweek.
Chevron will acquire rights to 810,000 acres of potential shale gas property along pipelines out of Australia’s Cooper Basin and connecting to natural gas export facilities on Australia’s eastern coast.
More at The Australian.
Chevron has made another major natural gas discovery off the west coast of Australia. This one is outside of the Gorgon and Wheatstone LNG areas and could be the start of another LNG project.
More at FuelFix.com.
A new report reveals that generating electricity from wind in Australia costs much less than generating by natural gas or coal. This means that Australia might have even more coal and natural gas for export.
More at Bloomberg.
Shales of the Stuart Range and Boorthanna Formations of Australia may contain trillions of dollars worth of oil. Studies need to be done to determine if the oil can be produced economically.
More at AFP @ Google.com.
Many energy companies would like to export natural gas as LNG from the United States to countries where market prices are much higher. However, United States manufacturers object because they fear that LNG exports will raise domestic prices.
Not menti…
Chevron is the largest holder of natural gas resources in Austraila. Their Gorgon LNG Project and Wheatstone LNG Project are both located on the northern coast of Australia with easy access to Asian natural gas markets.
More at Chevron.com.
Anadarko and Eni reached an agreement to develop an LNG facility on the northern shore of Mozambique to export natural gas from three large discoveries in the Rovuma Basin.
Large gas discoveries with LNG plants are being developed in Africa, Asia and A…
Although many groups oppose large-scale natural gas exports for a variety of reasons, a government study finds that the exports would be a net benefit to the economy.
We wonder if there is going to be an oversupply of LNG because several large LNG plants with dedicated gas fields are being built off the coasts of Africa, Australia and Indonesia – and the same shale bonanza that occurred in the United States has yet to begin in other parts of the world. US LNG could arrive late and at a transport disadvantage.
More at New York Times.
Chevron’s Gorgon natural gas project is one of the largest natural gas projects in the world and the largest single resource natural gas projects in Australia’s history.
More at Chevron.
A study done by Geoscience Australia estimates Australia’s natural gas resource at about 390 trillion cubic feet. The country’s offshore resources is being aggressively developed by projects that are expected to produce LNG that will be exported to Asia.
More at FoxBusiness.com.
“Using a geology-based assessment methodology, the U.S. Geological Survey estimated means of 4.7 billion barrels of undiscovered oil and 227 trillion cubic feet of undiscovered natural gas in major offshore petroleum basins of Australia.” Quoted from the USGS press release.
More at USGS.
“Using a geology-based assessment methodology, the U.S. Geological Survey estimated means of 4.7 billion barrels of undiscovered oil and 227 trillion cubic feet of undiscovered natural gas in major offshore petroleum basins of Australia.” Quoted from the USGS press release.
More at USGS.
The Energy Information Administration has published a new country analysis brief for Australia. The country is the largest exporter of coal and the fourth largest exporter of liquefied natural gas.
More at Energy Information Administration.
Chevron is developing the Wheatstone offshore natural gas field located off the coast of Western Australia. The first gas is expected to be produced in 2016 and prepared for international shipment as LNG.
More at ABC Rural.
Australian companies seem to be aggressively working on shale gas projects in the United States and ignoring the potential of their own country. One reason is where some of the best shale resources are located – hundreds of miles from labor sources and necessary infrastructure.
More at ninemsn.com.au.
Royal Dutch Shell is planning to build the world’s largest floating liquefied natural gas (LNG) plant above a natural gas field off the coast of Western Australia. The project is in response to an anticipated doubling of the Asian demand for LNG.
