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Over US$11 billion of Australian gas projects to be sanctioned in 2021


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Wood Mackenzie’s Australasian upstream 2021 outlook report shows at least US$11 billion of gas projects poised for FID in 2021.
With LNG backfill as the focus, these projects include three upstream FIDs – Mitsui’s Waitsia, Santos’ Barossa and Woodside’s Scarborough – and the AIE Port Kembla LNG import terminal which will supply the East Coast market.
Wood Mackenzie senior analyst Daniel Toleman said: “After doing everything possible to tighten belts this year, Australian operators will open their wallets and start spending. The backlog of FIDs will begin to clear as a fresh round of projects are sanctioned. But for this to occur, there has to be continuing improvement in the macro-environment and prices trending up.” ....

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$11B+ of Oz Gas Projects to be Sanctioned in 2021


At least $11 billion of Australian gas projects are poised to be sanctioned next year, according to Wood Mackenzie s Australasian upstream 2021 outlook report.
At least $11 billion of Australian gas projects are poised to be sanctioned next year, according to Wood Mackenzie’s Australasian upstream 2021 outlook report.
The projects include three upstream final investment decisions (FIDs) - Mitsui’s Waitsia, Santos’ Barossa and Woodside’s Scarborough - and the AIE Port Kembla LNG import terminal, the report outlined.
“After doing everything possible to tighten belts this year, Australian operators will open their wallets and start spending,” Wood Mackenzie Senior Analyst Daniel Toleman said in a company statement. ....

Western Australia , Port Kembla , New South Wales , Daniel Toleman , Woodside Scarborough , Santo Barossa , Wood Mackenzie , Mitsui Waitsia , Mackenzie Senior Analyst , North West Shelf , East Coast , மேற்கு ஆஸ்திரேலியா , போர்த் கேம்பிள , புதியது தெற்கு வேல்ஸ் , வூட்ஸைடு ஸ்கார்பரோ , சாண்டோ பரோசா , மரம் மெக்கன்சி , மெக்கன்சி மூத்தவர் ஆய்வாளர் , வடக்கு மேற்கு அலமாரி , கிழக்கு கடற்கரை ,