Tuesday, April 24

Gas shortage looms as LNG demand grows

GAS producers and analysts have backed domestic buyers' concerns over a looming shortage of east coast gas as three massive LNG plants being built at Gladstone threaten to use all of Queensland's available coal-seam gas supply.
Former Santos chief executive John Ellice-Flint, who pioneered the company's move into CSG exports, said it would be a challenge to meet the demands of the three plants being built at Gladstone, each with two production trains (plants).

"You've got six trains starting simultaneously," Mr Ellice-Flint, who is now an executive director at CSG junior Blue Energy, told the Australian Business program on Sky.

"That's a huge challenge, but I've got a lot of confidence the industry is going to be able to meet that challenge.

"Does that leave enough gas for domestic demand? Probably not in the short term."


The Australian

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