Australia’s Natural Gas Crisis Could Boost Prices

I wrote a few months back about major problems
shaping up in Pacific natural gas markets. With key liquefied
natural gas (LNG) exporter Australia threatening to restrict
outgoing shipments due to looming domestic shortages.  And
this week a couple more key developments came down in this
unfolding situation. First, Australia’s LNG exports were confirmed
as being one of the biggest stories in global energy. When energy
watchdogs EnergyQuest said Tuesday that Australia’s July
shipments rose 10 percent compared…

I wrote a few months back about major problems
shaping up in Pacific natural gas markets. With key liquefied
natural gas (LNG) exporter Australia threatening to restrict
outgoing shipments due to looming domestic shortages.  And
this week a couple more key developments came down in this
unfolding situation. First, Australia’s LNG exports were confirmed
as being one of the biggest stories in global energy. When energy
watchdogs EnergyQuest said Tuesday that Australia’s July
shipments rose 10 percent compared…