Original article by Dennis Shanahan
The Australian – Page: 4 : 8-May-20
A report from Wood Mackenzie has warned that the nation’s status as the world’s biggest LNG exporter is at risk. The report, which was produced on behalf of the Australian Petroleum Production & Exploration Association, notes that increased regulation, the downturn in the oil price and growing international competition in the sector are among the threats facing the local industry. Wood Mackenzie adds that any changes to the LNG industry’s tax regime could deter future investment in the sector.
WOOD MACKENZIE, AUSTRALIAN PETROLEUM PRODUCTION AND EXPLORATION ASSOCIATION LIMITED