The largest gas supplier in southeastern Australia, ExxonMobil, is considering the possibility of liquefied natural gas import in connection with an impending gas shortage from 2021 to protect its market share, Reuters reports. The import of LNG by 2021 is also planned by AGL Energy, the second-largest seller in Australia. The consortium with the participation of the Japanese JERA intends to begin importing from 2020. In March,the operator of the Australian energy market warned that theVictoria state, the leader in gas consumption in the country, could face a gas deficit in mid-2021. ExxonMobil is also considering the possibility of a West Barracouta gas field development near the existing field.
Asian shares recover fed supplies funds to ease virus impact20.03.2020
First round of QE sees Australia central bank buy $2.9 billion bonds09.03.2020
Australia bids for $6.6 billion market stimulus to cushion virus impact12.02.2020
Hyundai considers expansion with another electric auto startup