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Australia’s gas export industry sheds value while tightening local supply

lng plant in curtis island
LNG plants on Curtis Island. ‘The whole project was built on over-inflated forecasts,’ an analyst has said of the Santos devaluation. Photograph: Matthew Abbott for the Guardian

Santos wipes more than $1bn from its LNG plant in Queensland – just a week after Origin announced a similar devaluation

August 15, 2017 — Australia’s natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value. Continue reading Australia’s gas export industry sheds value while tightening local supply