Deloitte Australia and the Perth USAsia Centre convened a private discussion on 20 September 2017 on the impact of United States and Qatar LNG production on global and regional markets. Mr Andrew Pickford, Director of the USAsia Centre's Energy Security Program, in partnership with Deloitte Australia, discussed with distinguished guests the geopolitical factors impacting U.S. and Qatar energy policy, as well as the implications for Australia's market share.
- LNG exports from the United States and Qatar affect energy geopolitics. The increase in LNG exports from the United States (US) and Qatar has the potential to impact both energy markets and geopolitical trends. For LNG buyers in Asia, this development creates competitive tension, putting downward pressure on prices.
- The US and Qatar LNG energy strategic objectives are complex. Both the US and Qatar have broader interests than simply generating LNG export revenue, they are facing internal challenges and are clashing with direct neighbours on a range of policy issues. The discussions included how differing strategic objectives are influencing US and Qatar approaches to LNG exports and what this means for energy security in the Indo-Pacific.
- Australia's LNG industry must remain highly disciplined and competitive in order to match upswing in production in the US and Qatar. The industrial expertise in Perth and utilisation of new technologies in the wider industry is contributing to this end.
is a Research and Program Assistant at the Perth USAsia Centre