LNG: Australia’s new backbone

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24 July 17, 1:52pm Restricting LNG exports to boost domestic gas supply could deter the investment needed to maintain current supply https://t.co/uAFm0a1kOD
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14 July 17, 10:28am QLD provides template that other states can use for safe, sustainable & successful onshore gas development #auspol https://t.co/qV8RfIocF0
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7 July 17, 10:29am Aust #LNG exports to jump from $23B to $37B in next 2 years, but policy changes needed to secure these benefits.… https://t.co/5WaYm01CZg
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5 July 17, 3:03pm Australian average wholesale gas prices are below Asian average: report. Prices are higher in Japan, China, S Korea https://t.co/qDGkYbMZfE
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Australian LNG

It is surprising that some people think Australia’s resources boom is coming to an end.

Australians are quite familiar with the recent mining boom that somewhat insulated Australia from the Global Financial Crisis of 2008. LNG, which has attracted more than $200 billion investment in the past decade, has accounted for much of the growth in the resource sector.

In the coming decades, the world will need more energy, and Australia has the abundant natural gas resources to supply it. Supporting natural gas is critical to Australia’s continued prosperity.