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Energy Boardroom Releases New Australia Oil & Gas Report 2016

LONDON, July 21, 2016 /PRNewswire/ —

Energy Boardroom today releases a new report on the Oil & Gas sector in Australia, ‘Inside Oil & Gas Australia’.

After 25 years of sustained growth in the energy industry, Australia is poised to enter a new era of energy and firmly establish itself as an LNG superpower.

The report is an authoritative and up-to-date assessment of the major sector in this strategically important oil and gas producing country. Themes covered include

Oil and gas price fluctuations, competition from US shale, and global market slowdown are posing challenges to Australia’s continued growth

Australia has invested USD 200 billion in LNG projects, anticipating huge demand from developing economies in neighboring Asia in the coming years

Western Australia and its capital, Perth, are fast developing into global hydrocarbons hubs and centers of expertise

The uniquely Australian collaboration between government, the private sector, and research institutions is leading to technological and business innovation that will stand Australia in good stead in the coming years.

Energy Boardroom’s Australia Oil & Gas Report features in-depth interviews with:

Quotes 

“By 2020, we will be supplying around 40% of Japan’s gas needs, 40% of China’s gas needs, and 25% of Korea’s gas needs”

The Hon. Josh Frydenberg, Minister for Resources, Energy & Northern Australia

“The only fossil fuel that will increase as a proportion of the overall energy mix between now and 2040 is gas”

The Hon. Josh Frydenberg, Minister for Resources, Energy & Northern Australia

Australia possesses the largest offshore area of any of the offshore oil and gas producing nations”

Graeme Waters, NOPTA

“Though the inherent cyclicality of price may indeed prove troublesome to the most fragile actors, LNG actually offers genuine supply security”

Colin Barnett MLA, Premier of Western Australia

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