China's Energy Hunt Goes Unconventional

摘要

Australia's Curtis Island, 300 miles northwest of Brisbane, is known for the countless birds that make their home in the island's mangrove swamps and gum-tree forests. For the Chinese government, Curtis Island is on the map for another reason: It is the proposed home for a new plant to liquefy natural gas taken from coal mines in the area. The developer of the plant, Brisbane-based Arrow Energy, is now co-owned by PetroChina, the state-owned energy company, which joined with Royal Dutch Shell to complete a $3.2 billion takeover of Arrow in August.