Asia Australia Exploration and Production

Prospects for Australian oil and gas companies

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Nicholas Newman Asia Oil & Gas Monitor (AsianOil) 5 August 2015 – Australia’s hydrocarbon resources and geographical position have allowed it to become the leading supplier of liquid natural gas (LNG)  to Asia-Pacific  markets and, with new LNG capacity coming on line in the next few years, it is expected to overtake Qatar as the current world leader.  Australia  is home to both domestic energy  companies such as Woodside, Santos and Origin Energy and has attracted  international companies such as BP  and Shell,  eager to explore and develop energy resources in and around Australia, as well as within the region to fill the growing gap between production and consumption.

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