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Australian LNG export volumes expected to hold steady

Australian gas production is expected to be largely steady over the next two years. New supply from Scarborough and Barossa is expected to offset the gradual diminution of supply from the North West Shelf. But, in the absence of new investment, the broader trend points towards slow declines in output and exports over the longer term. Three train modules have been delivered to the Pluto LNG facility. When assembled, the full production train will be the second at the Pluto LNG facility and will have a 5mtpa capacity. The connected Scarborough field is also under development, with thirteen wells expected […]

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