Friday, 16 August 2019 12:37

Australia On Track to Become World’s Largest LNG Exporter

572 Australia LNG

 

Australia is on track to surpass Qatar as the world’s largest LNG exporter. It already surpasses Qatar in LNG export capacity and exported more LNG than Qatar in November 2018 and April 2019. Within the next year, as more of Australia’s projects ramp up and increase operations, U.S. Energy Information Administration expects Australia to consistently export more LNG than Qatar. The country’s LNG export capacity increased from 2.6 billion cubic feet per day (Bcf/d) in 2011 to more than 11.4 Bcf/d in 2019. The LNG exports are forecast to grow to 10.8 Bcf/d by 2020–21 once recently commissioned projects start operating at full production.

 

 

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