Australia planning to import LNG: What's next? Coals to Newcastle?
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Summary
Five LNG import projects are vying to start up between 2021 and 2022, possibly forcing gas users in New South Wales, South Australia, Tasmania and Victoria into more direct competition with Asian buyers for gas from northern Australia. Piping gas from Queensland in northern Australia to southern markets is expensive, making LNG imports potentially viable. “We think one terminal would be sufficient till the mid to late 2020s.” Import advocates need to be wary, however, of potential government moves to divert gas from exports to the domestic market and approvals for two long-delayed local gas projects, Narrabri and Surat. GRAPHIC: Eastern & south-eastern Australia domestic gas production (excluding LNG) - tmsnrt.rs/2Lcqprj Importing LNG into a gas-rich country is not new.
As said here by Sonali Paul