Australia Rakes In Record LNG Revenues ...Middle East

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Australia Rakes In Record LNG Revenues
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Australia’s revenue from exports of liquefied natural gas hit a record in October, topping $7 billion, benefiting from record prices and a weaker Australian dollar. LNG export volumes have been at record highs over the first ten months of the year amid the energy crunch in Europe that sent ripples around the world, lifting prices and benefiting producers. Revenues from energy and mineral exports from Australia rose by 33 percent in the first ten months of this year, Argus reported, adding that this was already higher than the energy and mineral…

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