LNG is widely recognized as a clean, safe and convenient form of energy, which can be readily supplied to distant markets. Australia is a major exporter of liquefied natural gas (LNG), with considerable potential for further development based on its abundant resources of natural gas.
Australia is the third-largest LNG exporter in the Asia-Pacific region and the fourth largest LNG exporter in the world, exporting 18.9 million tonnes in 2011 with a value of around $11.1 billion. The LNG industry is attracting significant new project investment providing major benefits in the form of long-term employment, economic benefits, and government revenue.
[Excerpt from Australian Government – Upstream Petroleum]
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