Strong energy exports continue

The Resources and Energy Quarterly December 2017 has been released by the Department of Industry, Innovation and Science today.

LNG exports

The report highlights that the value of Australia’s LNG exports is forecast to increase from $22 billion in 2016-17 to $36 billion in 2018-19, driven by higher export volumes and, to a lesser extent, higher prices.

It also says that the completion of the final three Australian LNG projects under construction will underpin strong growth in export volumes and bring annual export capacity to 88 MMt.

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