One of the world’s top liquefied natural gas exporters, Australia, says it is ready to ship LNG cargoes to Europe to “support its friends and allies,” as the U.S. is looking to raise alternative gas supply in case a Russian invasion of Ukraine disrupts Russia’s gas supply to Europe. “Australia, …
Read More »$16 Billion LNG Project Sparks New Climate Debate
A US$12 billion (S$16 billion) liquefied natural gas (LNG) investment approved in Australia leads a wave of projects betting demand will rise as the world shuns more polluting alternatives like coal. The development of the Scarborough field, Pluto onshore processing facility and a 430km subsea pipeline led by Woodside Petroleum …
Read More »IAEA must have Access to Atomic Fuel for Australia Submarines
The International Atomic Energy Agency (IAEA) should have timely access to nuclear fuel used for Australia’s submarines envisioned in the AUKUS deal, Kazem Gharibabadi, Iran’s ambassador to the IAEA said. “For Australia, reaching safeguards arrangement with the Agency is of essence. The Agency should have access to the HEU [highly-enriched …
Read More »Japan to Explore Green Hydrogen Imports from Australia
Realizing the potential of hydrogen as the fuel of the future, four Japanese companies, Marubeni Corporation, Iwatani Corporation, Kansai Electric Power, and Kawasaki Heavy Industries have signed an MoU with Stanwell Corporation and APT Management Services of Australia. The MoU has been signed to study the feasibility of shipping liquefied …
Read More »Australian LNG Exports to China Hit Record
Australia exported a record 30.7 million tonnes of LNG to China, worth an estimated A$15.6 billion, EnergyQuest said in its latest report released today. Deliveries from Australia were up 7.3% from the previous record of 28.6 million tonnes posted in the full year ending June 2020, according to import statistics. …
Read More »China Targets some Australian LNG as Trade Dispute Widens
At least two of China’s smaller liquefied natural gas (LNG) importers have been told to avoid buying new cargoes from Australia, a further example of the impact on trade from souring ties between the two countries. The firms have received verbal orders from government officials to avoid purchasing additional LNG …
Read More »IKEA Launches Solar Panels to Slash Home Electricity Bills
Customers living in Australia will be able to shop for solar panels through the company’s website.
Read More »Solar Surge Is Making Coal Plants Unprofitable in Top Exporter
Australia’s coal power plants, which make up more than half of the nation’s generation mix, are facing increased pressure as rooftop solar hollows out daytime demand. That could mean early closures among the country’s aging fleet, giving energy planners the tricky task of ensuring energy security while replacing the steady, …
Read More »New South Wales Lights Up Massive Renewables Zone to Power 3.5m Homes
New England is expected to attract AUD$12.7 billion in investment and support thousands of jobs.
Read More »Australian Coal Mine Converted to Solar Farm will Help Taxpayers Save AUD$9m
The facility almost doubled the original revenue forecasts in its first six-month operation.
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