The Prime Minister of Australia responded to Trump's tariffs: there will be no equal countermeasures, and negotiations for exemptions will be sought.
① Australian Prime Minister Albanese criticized USA President Trump for imposing a 10% tariff on allies, stating that such actions are not what friends do, and indicated that Australia will not impose equivalent tariffs on the USA; ② The Australian government will seek to negotiate with the USA in hopes that Trump will lift the tariffs on Australia.
Australian natural gas giant warns: Natural gas price fluctuations indicate tight supply.
Australia's largest gas exporter has seen "pressure" from price fluctuations; the outlook for Russian pipeline gas supply remains uncertain, causing a decline in europe's gas reserves and intensifying market concerns.
International Energy Agency predicts peak demand for fossil fuels, global energy prices welcome a downward cycle.
The International Energy Agency predicts in its annual long-term report that as the global energy consumer pattern changes, we are entering an era of lower energy prices.
Energy giants warn that Australia may face a shortage of henry hub natural gas before 2030.
Earlier this month, the Australian government released a long-term plan called the "Future Natural Gas Strategy," emphasizing the important role natural gas will play during the energy transition period. Woodside CEO warns that if the government does not take action, Australia's east coast will face natural gas shortages by 2028 and the west coast will face a shortage by 2030.
Australian energy giant: Global LNG demand will increase by 50% in the next 10 years
① Australian energy giant Woodside (Woodside) said that global liquefied natural gas (LNG) consumption is expected to increase by 50% in the next 10 years, and the company is considering further expanding its business; ② Australia is one of the world's largest LNG exporters, and Woodside is the country's largest LNG exporter.
The “merger plans” of Australia's two major LNG giants will allegedly not be finalized until at least February
① Australian energy giants Woodside and Santos confirmed last week that they have begun negotiations on a potential merger deal; ② A person with direct knowledge of the negotiations said that the merger agreement may not be finalized until at least February next year; ③ Currently, both companies are hiring banking groups as advisors.