2009-11-09 21:07:03 -
Oil Price Recovery and Demand for Cleaner Fuels is Rejuvenating Investments in the Australian LNG Industry - a new market research report on companiesandmarkets.com www.companiesandmarkets.com/Summary-Market-Report/oil-price-reco ..
Oil Price Recovery and Demand for Cleaner Fuels is Rejuvenating Investments in the Australian LNG Industry
Summary
Australian oil and gas companies have proposed $160 billion investments in their domestic oil and gas industry, majority of which will be in the LNG sector. Huge demand for cleaner fuels from Asia along with renewed focus of global oil and gas companies towards development
of clean fuels have prompted these investments. Australias carbon trading policy will offset its oil production by 2020, which in turn would affect the countrys employment levels.
Scope
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