Australia's LNG Ambitions Tied Up In Red Tape

摘要

Could Australia's dream of becoming Asia-Pacific's leading LNG producer and Qatar's main rival on the global stage be over before it's even begun?Uncertainty over environmental and project approvals and spiraling costs are hampering plans to expand Australian LNG capacity from a current 15 million tons per year to over 60 million tons/yr by 2017 via six new greenfield projects.