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Australian LNG imports: not just a pipe dream

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Report summary

An LNG import terminal utilising a leased FSRU has been proposed for south eastern Australia. Reactions to the plan have been mixed due to the three CSG LNG projects in Queensland. But declining production from existing supply areas and increasing demand are expected to result in a large demand/supply gap through most of the 2020s. An LNG import terminal may therefore make economic and strategic sense for gas buyers eager to reduce their gas costs and increase their flexibility and bargaining position.

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    Australian LNG imports: not just a pipe dream

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Tables and charts

This report includes 6 images and tables including:

Images

  • Eastern Australian demand vs commercial supply outlook
  • Cost of LNG imports vs gas from Queensland (2021)
  • Modelled LNG import volumes
  • Eastern Australian gas demand long-term shortage
  • Eastern Australian major gas infrastructure
  • Australian GGM nodes

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