LNG... The Ukraine factor

The Crimean conflict puts renewed focus on reliable gas producers in Australia and the US, despite the high cost of local production.

The Ukraine is a long way from Australia but events there over the past week have eased some of the pressure on Australia’s high-cost LNG industry and might have opened the way for a future wave of developments.

The good news for Australia out of uncertainty in Ukraine is that Europe has received a third sharp reminder that it is overly dependent on an aggressive Russia for a large portion of its natural gas requirements.

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