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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
NATURAL GAS
Australia’s Western Gas announced today they found no hydrocarbons in its Sasanof-1 exploration well off Western Australia.
- The field was estimated to hold 7.2 trillion cubic feet of gas or 176 million barrels of condensate.
- The Sasanof prospect combined with Western Gas's Equus gas field off Western Australia had been seen as a potential source to supply the North West Shelf LNG plant. The North West Shelf LNG plant is set to close one of five processing units in 2024 as its foundation fields are drying up.
- Western Gas have not announced if they will be drilling further prospect wells as part of the announcement.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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