Energy spotlight: 5 stocks to watch

Financial journalist and commentator on 3AW and Sky Business
Print This Post A A A

With the east coast liquefied natural gas (LNG) exporters hauled into Canberra and told to claw back some of their designated export sales to supply the hard-pressed domestic market, it’s time to take a look at the sector – given that markets don’t like government intervention.

LNG remains a huge success story for Australia, with LNG exports almost 2.5 times the volume of national domestic gas production in FY17, according to independent energy consultancy EnergyQuest. FY17 marked a major shift in the petroleum industry, as the LNG investment boom moved deeper into its production phase.

Much scrutiny has fallen recently on the three coal seam gas (CSG)-to-LNG export plants at Gladstone, where $70 billion has been spent to develop an export industry. The three projects are:

Continue reading on your free trial

Already have an account? Click here to login and continue

Also from this edition