Gorgon to help Australia enter new boom period

Rising Asian demand for cleaner-burning fuels from projects such as Gorgon may boost Australia's economy by 0.25 percent a year over most of the next decade says a leading analyst. LNG projects could also increase tax revenue by A$125 billion during the next 10 years. LNG projects valued at more than A$80 billion are scheduled for final investment decisions in 2010.