How lucky can we get?
The good news is that Australia has vast reserves of conventional and unconventional gas. Even better, there is some $200 billion worth of shiny new infrastructure under construction and due to come online by 2017, just as global demand is booming. And global demand for gas could potentially expand further. For all these reasons, gas sits high on our list in terms of global growth potential and Australian advantage.
Ensuring that Australia realises the full potential of gas will revolve around our ability to intervene to improve productivity, enhance infrastructure and make our regulatory environment more attractive to investors and operators. Australia should start by controlling what it can, which primarily means taxes and regulations. With that in mind, some issues to consider are:
National Leader, Oil and Gas
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