Decommissioning

LNG
Despite a 2.8% drop in liquefied natural gas exports in 2025 because of lost market share in China, Australia anticipates a 2026 rebound as new North West Shelf capacity comes online. Meanwhile, East Coast operators brace for a tsunami of wells entering the decommissioning pipeline and potential energy shortfalls necessitating LNG imports.
The North Sea Transition Authority has published its first table identifying 13 operators that are behind schedule in decommissioning their inactive North Sea wells.
Estimates commissioned by the Australian government suggest that increasing efficiency will lower costs for decommissioning offshore Australia.

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