Projections for Eastern Australia's LNG Export Revenues: Opportunities and Risks in the Asia-Pacific Region

Abstract

Further links to the international LNG market implies that eastern Australia's LNG export revenue will also depend on future LNG prices in the region. This paper provides the estimation of eastern Australia's export revenue over the period of 2015-30 for different alternative LNG expansions, using different LNG price scenarios in the Asia-Pacific. The first case considered of future LNG exports is the 7 train Core case, which is based on the AEMO (2013 and 2014) and the Core Energy Group (2013). The second case of future LNG exports is based on the IES (2013). In each case of Australia's future LNG development, three different scenarios of low, medium and high values are considered. For the first case, export revenues range from A$17-23 billion by 2020, and A$21-27 billion by 2030. For the second case, export revenues for all scenarios of LNG prices range from A $19 billion to A$33 billion by 2020 and A$21 billion to A$39 billion by 2030. Show more