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in recent weeks as a wave of new supply from the U S and Australia comes onto the market The decline in spot
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might not come until 2020 S P Global Platts; Sept 19 It could be 2020 before Australia s LNG Ltd builds
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in China bitterly cold temperatures in Japan and a supply shortfall in Australia global spot market prices
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March 2 interview in Hong Kong Producers from Russia to Australia have been betting on huge sales
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Inpex expects no more delays in start up of Ichthys LNG Australia Reuters; Aug 4 Japan s biggest oil
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as new projects in Australia ramp up along with the first U S export terminal in the Lower 48 states set
547
Sydney Morning Herald; March 18 Australia’s LNG exporters may need to make big changes to the way
548
projects in Australia are facing uncertainty due to the skyrocketing construction costs that have become
549
for CO2 storage Similar efforts are underway in Europe and Australia “There’s a race ” said Lein Mann
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on Russian oil last year with its G7 allies the European Union and Australia it got an exemption for Sakhalin
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the rollout of supply chains in cooperation with Australia the Middle East and Asia The resource poor country
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to scoop up more winter supply traders added Meanwhile supply disruptions from Australia to the U
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the nations that endorsed it Australia Britain Canada Japan the U S and the 27 nation European Union agreed
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by Australia Papua New Guinea is the other big LNG exporter in the region Japanese electric utilities turn
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industry The U S is expected to surpass Australia and Qatar when new liquefaction units come online next
556
S and Australia The pandemic has thrown cold water on the fastest growing fossil fuel with demand seen possibly
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project in Western Australia and cancellations of U S LNG cargoes However the supply issues may not have
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operations at its Prelude floating LNG facility offshore Western Australia which has been offline since
559
imported LNG from about 15 countries including Qatar Australia and the U S and provided LNG to utilities
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Charles Louisiana from Australia’s Liquefied Natural Gas Ltd The 2 million purchase price was agreed