gas shortage could slow lng ramp-up

Citigroup research suggests the ramp-up of production at three large Queensland liquefied natural gas projects is likely to be slowed due to shortages of coal seam gas supplies, The Australian Financial Review reports.

According to the newspaper, the research indicates a shortfall in needed gas supplies for 12 months from the fourth quarter of 2015, when all the projects' LNG production units will be in operation.

The shortfall would limit the rate at which full production can be reached, the AFR reports.

AGL has also warned gas shortages could lead to rationing and job losses, particularly in western Sydney.

http://www.theaustralian.com.au/business/latest/gas-shortage-could-slow-lng-ramp-up-report/story-e6frg90f-1226857081605


Hmmm... a shortage of gas in Qld projected for late 2015... I wonder what Armour will look like around this time.... worth a punt I reckon