Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 9 : 13-Nov-14

PricewaterhouseCoopers forecasts that Australia’s oil and gas industry will be worth $A67bn to the national economy by 2029-30, compared with just $A32bn in the 2012-13 financial year. The firm’s report was prepared on behalf of the Australian Petroleum Production & Exploration Association (APPEA), and notes that the sector contributes more value to the economy than any other industry. APPEA CEO David Byers says the report demonstrates that gas supplies should not be reserved for domestic use

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PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED, ENERGY SUPPLY ASSOCIATION OF AUSTRALIA LIMITED, BUSINESS COUNCIL OF AUSTRALIA