Is the Australian LNG industry ready to capitalise on future opportunities as it moves from construction into production? A new report says that in order for the country to secure its place as the world's leading LNG producer and derive the associated benefits including ongoing growth of the nation's prosperity, there is a need to improve international competitiveness, remove regulatory constraints and introduce a more flexible labour relations regime.
- Bernadette Cullinane, managing director, energy, Accenture.
The agreement will see the Valley Crossing Pipeline expanded for the delivery of roughly 720 million cubic feet per day of natural gas to Texas LNG’s export facility for a term of at least 20 years.
Four people were injured when a fire erupted on Dec. 23 at ExxonMobil's complex in Baytown, Texas, one of the largest refining and petrochemical facilities in the U.S.
The WR Project is expected to be brought in service in the fourth quarter of 2025.