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The supply outlook: Australia and the USA

Abstract:

High oil prices in the period 2010–14 combined with the impact of growing energy demand in China and the shock of the Fukushima disaster in Japan to create a world in which high LNG prices in Asia (often above $15/ MMBtu) catalysed a wave of new LNG investment. Australia was at the forefront of this wave, and was later joined by the USA, where companies saw an arbitrage opportunity to export the rising tide of cheap shale gas to markets prepared to pay a premium price....

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Publication status:
Published
Peer review status:
Peer reviewed

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Authors


James Henderson More by this author
Publisher:
Oxford Institute for Energy Studies Publisher's website
Journal:
Oxford Energy Forum
Volume:
106
Pages:
4-5
ISSN:
0959-7727

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