The energy industry witnessed record production as state governments and operators ramped up operations. Australia has a number of ongoing large-scale LNG projects operating across the nation's gas basins. In the first few months of 2019, Australia and Qatar jostled for the title of the world's largest LNG exporter, as stated in a recent report by the Australian government. Australia recorded its highest ever oil and gas production in the 2019 financial year, according to a quarterly report published in September by EnergyQuest. Moreover, Australian petroleum and gas production both rose by 16% compared to previous years to achieve record numbers, with petroleum hitting 1,010 MMboe and gas reaching 5,082 petajoules. Compared to last year, LNG production also rose by 22% to a record 75 MMtons, the report stated.
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