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Politics : Sioux Nation -- Ignore unavailable to you. Want to Upgrade?


To: Wharf Rat who wrote (330902)9/17/2020 4:58:22 PM
From: Cogito Ergo Sum  Read Replies (1) | Respond to of 361973
 
They definitely have the space and climate ... so LNG tankers become LH tankers ?



To: Wharf Rat who wrote (330902)9/17/2020 6:32:35 PM
From: Elroy Jetson  Respond to of 361973
 
Australia exports more than 300 million metric tons of coal to Asia each year - almost a Billion tons of CO2 annually.

Australia exports 77.5 million tons of LNG, the largest exporter in the world.

Northwestern natural gas deposits feed the very small Perth market through pipeline, leaving hundreds of years of supply to export. A pipeline to Melbourne would be completely uneconomic.

But Australia has stopped issuing export licenses for northeastern natural gas which can be economically piped south to supply Melbourne, with Queensland and Sydney along the way. This is critically needed to replaced the nearly depleted natural gas fields off Gippsland, east of Melbourne.

Australia's employment centers need to get off coal and their natural gas is their least cost way to do that. Their royalty on exported LNG is a tiny fraction of the value of that gas to Australia's domestic market.
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Some in Australia have definitely proposed joke projects producing hydrogen from solar, which will likely never happen. It's so startlingly uneconomic currently, it's not worth anyone's time. It's nothing more than an attempt to distract from the damage caused by their coal exports.