Australian Gov. Forecasts FY2018-19 LNG Export Price to be US$9.1/mmbtu

摘要

Australia’s average LNG export price is expected to reach US$9.1/mmbtu in the fiscal year 2018-19 (July 2018-June 2019) The Department of Industry, Innovation and Science (DIIS) recently released the latest outlook that predictsthe Japan crude cocktail (JCC) will rise by $14.1 (25.5%) to $69.4/bbl in the calendar year 2018, Australia’s averageLNG export price also rise by $1.3 (16.7%) from the previous fiscal year accordingly.