Australia's LNG comes of age
Western Australia has the potential resources and infrastructure to supply the world with LNG for decades
It's hard to grasp the sheer size and remoteness of Western Australia and the ancient geological processes that have shaped its vast onshore and offshore cache of natural gas. Three-toed dinosaur footprints on the rocky foreshore at James Price, some 50km (31 miles) north of Broome in the Kimberley hint at the age of the land. Aboriginal history recalls the existence of sites now long under water which date from a time when sea levels were far lower than they are today and the coastline edged the continental shelf. The decomposition and pressurisation of organic material over millennia have led to a rich deposit of oil and gas fields under the relatively shallow seawaters of Western Australi
Also in this section
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!
17 December 2024
Structurally lower GDP growth and the need for a different economic model will contribute to a significant slowdown
17 December 2024
Policymakers and stakeholders must work together to develop a stable and predictable fiscal regime that prioritises the country’s energy security and economy