精品成人免费自拍视频|一本大道看香蕉大在线|五月丁香乱码日韩精品区|久久国产精品成人片免费|日韩中文字幕亚洲精品欧美|视频福利国产午夜一区二区|国产毛片一区二区三区精品|国产欧美精品一区二区三区网址

<rt id="vbn1q"><label id="vbn1q"></label></rt>

  • <rt id="vbn1q"><dfn id="vbn1q"></dfn></rt>

      1. 
        

        <form id="vbn1q"></form>
        The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
        logo

        The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

        ufi

        BEIJING, China

        March 26-28,2026

        LOCATION :Home> News> Industry News

        LNG Prices Could Deflate on New Fields

        Pubdate:2012-12-21 09:32 Source:lijing Click:

        PRICES for liquefied natural gas have "peaked for now", analysts say as Australia races to complete seven giant LNG export projects worth almost $200 billion and ponders further greenfield and expansion projects.


        Citi oil and gas analyst Mark Greenwood has called the top of the LNG market, with competitors in the US and Africa posing a threat to the "traditional Asian pricing" that underpinned Australian developments such as the North-West Shelf in Western Australia.


        While big falls were unlikely, Mr Greenwood downgraded earnings forecasts and valuations of Woodside Petroleum, Oil Search and Santos based on the lower long-term LNG price assumptions.


        LNG has traditionally been sold from Australia to Asian markets such as Japan or Korea on long-term contracts struck at a proportion of the oil price - known as the "slope" - typically about 14.85 per cent. Citi said these prices would be difficult to achieve in a more competitive global LNG market and lowered its long-term slope projections from 14.5 per cent to 14 per cent.


        This was higher than some forecasters who predicted slopes as low as 11-12 per cent, but recent deals, including Woodside's May sale of LNG from its Browse project to Japan's MIMI - struck in line with traditional Asian pricing - showed Asian customers continue to support Australian suppliers. North American LNG from unconventional fields had a lower calorific value than Australian LNG, Mr Greenwood noted.


        But Asian customers also were increasingly vocal about the gap between the price of Australian LNG - typically north of $US14 per million British thermal units (mmbtu) - and lower US gas prices at the Henry Hub, recently above $US3/mmbtu. As a result, Henry Hub linkages were creeping into Asian LNG contracts, Mr Greenwood said.


        Citi estimated BG Group's recent LNG sale to China's CNOOC, including of gas sourced from its Queensland Curtis project in Gladstone, was 25 per cent Henry Hub-linked and 75 per cent oil-linked.


        Chevron's LNG sales from its Wheatstone project in Western Australia to Chubu Electric and Tohoku Electric were largely oil-linked but included a small Henry Hub linkage.

        文安县| 遂平县| 景德镇市| 金阳县| 济源市| 巴彦淖尔市| 乌鲁木齐市| 施甸县| 平原县| 蛟河市| 盘锦市| 唐山市| 永年县| 山东省| 兴隆县| 永善县| 蚌埠市| 山西省| 湖北省| 调兵山市| 永福县| 洛浦县| 永寿县| 庆安县| 菏泽市| 临潭县| 沂水县| 新兴县| 剑川县| 揭东县| 辽宁省| 青浦区| 马龙县| 巴南区| 苍南县| 休宁县| 芜湖县| 谷城县| 乌兰浩特市| 望江县| 安图县|