Queensland

IEEFA Research

IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

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More News and Commentary

Does Queensland Need an LNG Industry?

Lachlan Barker for Independent Australia: As Bruce Robertson of IEEFA told us back then, US$50 is the long term average for the oil price – which the price of contract sold LNG is pegged to – and that’s what it is at now. With no foreseeable oil price rise, the current loss-making price that the […]

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Carmichael Project: Downsized & Delayed Yet Again, and Still Unbankable

Thursday 22 September 2016: According to reports in today’s Australian Financial Review (AFR), the Carmichael coal proposal has been downsized again to 25 million tonnes per annum (Mtpa), and the investment decision deferred yet again till the end of 2017. “Despite being downsized and delayed once again, even at a much reduced US$4bn, the Carmichael […]

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IEEFA Australia: World’s Biggest Open-Cut Coal Proposal is Smaller Now, Less Ambitious, Still Unbankable

Adani’s Fading Dream of a Vast New Mine in Queensland

Even after news this week that it is being downsized enormously—and delayed once again—Adani’s plan to build the biggest open-cut mine in the world remains wholly unbankable. The project, envisioned in 2010 as a $16 behemoth that would produce 60 million tonnes a year, is now being pitched by Adana as a $4 billion, 25 […]

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Northern Territory Gas Pipeline the ‘Whitest of White Elephants’

Angela Macdonald-Smith in the Sydney Morning Herald: The economic case for the $800 million North East Gas Interconnector pipeline is being questioned in a report to be released on Thursday which says the gas delivered through the line will be too expensive for east coast buyers. The lack of customers for the project other than the […]

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IEEFA ‘Pipe Dream’ Report Questions Rationale for North East Gas Interconnector in Australia

A Financially Weak Pipeline Project Hampered by a Global Glut in Liquefied Natural Gas

We’re publishing a report today questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI) in Australia. The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the pipeline to Jemena, a Singaporean and Chinese government-owned company, via State […]

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IEEFA Issues ‘Pipe Dream’ Report Questioning Rationale for North East Gas Interconnector in Australia

CLEVELAND, May 18, 2016 (IEEFA.org) — The Institute for Energy Economics and Financial Analysis today published a report questioning the economics and financial footing of the proposed $800 million North East Gas Interconnector (NEGI). The report—“Pipe Dreams: A Financial Analysis of the Northern Gas Pipeline”—also examines the implications of awarding an unregulated monopoly over the […]

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Australia’s East Coast Electricity Grid Is Over-Dependent on Sub-Critical Coal and in Need of Reform

A report we’ve published today Sub-Critical Australia: Risks From Imbalance in the Australian National Electricity Market,” concludes that Australia’s outdated east coast electricity grid (NEM) is over-reliant on sub-critical generation and in need of modernizing. Our research shows that the National Electricity Market (NEM) in Australia is dominated by sub-critical electricity generators that are in […]

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