LNG: Australia’s new backbone

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11 January 21, 8:49am The arrival of Port Hedland’s first LNG-fuelled bulk carrier is an important development in the Australian shipping… https://t.co/ntMHEnHMIX
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6 January 21, 8:47am The Santos-operated Bayu-Undan joint venture has received a final investment decision for a drilling program in the… https://t.co/Nb0SxREiQO
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2 January 21, 9:55am Supportive policy investment and operating environments are essential to capture the next wave of growth for the Au… https://t.co/LR42Fvniy8
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30 December 20, 9:55am Interventions aimed at artificially lowering gas prices for domestic users discourage crucial investment to maintai… https://t.co/S0RJ1DwQBb
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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.