Australia to be World's Largest Gas Exporter by 2030

Australia is expected to become the world’s largest gas exporter by 2030, say the results of a recent GL Noble Denton poll at the Australasian Oil and Gas Conference in Perth.  In the poll 84% of participants said that Australia would grow to become the premium exporter of gas by 2030.

"Favourable economic conditions and high levels of confidence in Australia's energy future will fuel further capital expenditure within the industry, propelling the development of new LNG projects at an unprecedented rate,” said Richard Palmer, GL Noble Denton's country manager for Australia.

Australia currently stands as the world's fourth largest exporter of liquefied natural gas (LNG) after Qatar, Indonesia and Malaysia. The country is the tenth largest exporter of natural gas overall.

GL Noble Denton is conducting three Industry Snapshot Polls this week, one for each full day of AOG. Delegates are also being asked to vote on whether Australia is doing enough to grow its own oil and gas talent and if increased regulation would damage prospects for new oil and gas projects in the Asia Pacific region.