Australia to become top world’s LNG producer

Oslo – Australia is poised to become the world’s largest producer of liquefied natural gas (LNG) next year and to retain that position until 2024, when Qatar will reclaim the top spot. That is the conclusion of a recent forecast by Rystad Energy, an independent energy research and consulting firm in Norway with offices across the globe.

“Australia has no intention of relinquishing its hard-earned LNG crown without a fight. Over the next two years, pending approvals on up to seven Australian integrated LNG projects could challenge Qatar as the country with the largest sanctioned LNG volumes from integrated projects during that period,” says Readul Islam, Research Analyst on Rystad Energy’s Upstream team.

These seven Australian LNG projects will collectively supply just over 30 million tonnes per annum (tpa) at full capacity, and will require a total expenditure of nearly US$31 billion from final investment decision to the first export of LNG. “However, though sanctioned Australian LNG supply volumes could run neck and neck with Qatar over the next couple of years, Qatari LNG production should retake the top producer crown midway through the next decade,” Islam added.

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AAC Cargo is an international Freight Forwarding company, based in Dubai, with a reputation for providing outstanding quality that continues to secure a loyal customer base. The Company has developed a strong, young management team, which together with the founding Directors are committed to working within established quality procedures to provide each customer with the most reliable personalized service and dedicated to the continuous development of both our people and our services.

We pride ourselves on providing a flexible and innovative approach to achieving solutions for our customers, helping them in turn to meet the increasing demands of their customers. Our greatest asset is our people. We are committed to giving them the necessary training and tools, including cutting-edge technology, to provide the highest level of customer attention in the transportation logistics industry.

We are a team of highly experienced professionals who served the shipping and transportation industry with dedication and distinction for a very long time. Our long experience helped us to develop very strong relationships with the Exporters, Importers, various Government organizations like Port Authorities, Customs, Chambers, Free Zone Authorities, etc. We leverage this enormous network for the benefit of our customers to provide the finest international transportation and logistics services.

We offer a complete range of logistic solutions at competitive prices, personalized customer service and a worldwide network of offices and affiliates among others. Our advanced and value added services together with our high ethical standards helps us gain the respect and appreciation of our customers. Our ability to create customized solutions in specialized areas such as industrial logistics and other critical areas of multimodal transportation is the result of our pragmatic approach.

AAC CARGO L.L.C, Dubai, U.A.E

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