Australia has broadly maintained its LNG export forecasts for the 2019-20 and 2020-21 fscal years, with demand growth driven by emerging importers in Asia ofsetting falling demand in Japan and South Korea and slowing growth in China. Exports are forecast to rise to 81.2mn t in the year to 30 June 2020, slightly down from the previous forecast of 81.6mn t. The 2020-21 projection is now 81.3mn t, up from 81.2mn t, the government’s commodity forecaster, the Ofce of the Chief Economist (OCE), says.
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