Monday, October 10, 2011

Gorgon gas project to help Australia be global no. 2 LNG supplier by 2015

Australia is on course to be the second largest LNG supplier in the world by 2015. Projects such as the Gorgon gas project and Wheatstone gas project should help Australia close in on the number 2 position by the middle of the decade.

"So far in 2011, final investment decisions were reached for four Australian LNG projects," Tania Constable, head of the resources division of the Department of Resources, Energy & Tourism said.

It is believed that Australia could even overtake Qatar as the number 1 LNG supplier in the world by 2020.

Gorgon gas project to help Australia be global no. 2 LNG supplier by 2015

Australia is on course to be the second largest LNG supplier in the world by 2015. Projects such as the Gorgon gas project and Wheatstone gas project should help Australia close in on the number 2 position by the middle of the decade.

"So far in 2011, final investment decisions were reached for four Australian LNG projects," Tania Constable, head of the resources division of the Department of Resources, Energy & Tourism said.

It is believed that Australia could even overtake Qatar as the number 1 LNG supplier in the world by 2020.