Australia’s LNG export earnings to rebound

AUSTRALIAN-LNG

Australia’s LNG export earnings doubled from $30 billion in 2020–21 to $70 billion in 2021–22. They are forecast to reach $90 billion in 2022–23, as oil-linked contract prices and Asian LNG spot prices remain elevated. Export earnings are forecast to return to around $81 billion by the end of the outlook period.

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