AUSTRALIA’S DEVELOPS BOOMING LNG INDUSTRY
September 1st, 2011
BY MATTHEW BRACE
AUSTRALIA is fast developing into a global force for natural gas, cementing its reputation as a source of valuable materials, such as iron ore, coal, gold, silver, uranium, aluminium, nickel, lead and zinc. In 2010, Australia became the fourth largest exporter of liquefied natural gas (LNG) gas - trading 18.38 million tonnes (Mt) in total - according to BP's Statistical Review of World Energy 2011. Leading the pack ahead of Australia the same year, Malaysia exported 22.14 Mt; Indonesia 22.73 Mt; and the Arabian Gulf state of Qatar; a mighty ...
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