Australian LNG – A Lost Cause

For MEO shareholders doubting the value of the Tassie Shoal processing concept there is a pertinent article hosted on Macrobusiness titled  'Australian LNG – A Lost Cause'. The article highlights both micro and macro interplays that the Australain LNG industry faces, including massive uncompetitiveness in the face of surging global supply. The economic benefits and innovation of the Tassie Shoal processing hub are further underscored in light of the current industry state of play. FLNG seems to be cost prohibitive, as does on land Australian LNG construction. Where does that leave Sunrise, Evans Shoal, GDF Suez?Santos, and Caldita/Barossa?

http://www.macrobusiness.com.au/2014/08/australian-lng-a-lost-cause/