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Prime Minister Malcolm Turnbull spoke yesterday at an LNG conference:
I am delighted to open this, the 18th International Conference and Exhibition on Liquefied Natural Gas. This year’s conference theme ‘Redrawing the Global Map of Gas’ comes as we are witnessing huge shifts in the supply and demand for key resources, including LNG.
Prices for our key commodities exports including LNG have fallen materially as new supply has come on stream both here and elsewhere. But volumes have grown as you know enormously.
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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific's leading geo-politics and economics portal.
He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.
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