Australia falling behind as global LNG producer

Original article by Colin Packham
The Australian – Page: 13 & 16 : 15-Oct-24

ConocoPhillips Australia’s president Jan-Arne Johansen has warned that the nation’s status as one of the world’s biggest exports of LNG is under threat. He notes that both the US and Qatar are ramping up their LNG exports, while Australia’s investment in the sector is falling behind. Johansen adds that the nation’s fiscal, regulatory and project approval regimes must be internationally competitive if it is to attract the investment capital that is needed for the LNG sector. He notes that Australia has sufficient gas resources to supply the domestic and export markets.

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CONOCOPHILLIPS AUSTRALIA PTY LTD

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