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AUSTRALASIA

Hearne offers shale lessons

AUSTRALIA will have to do a lot of heavy lifting to maintain its LNG dominance, with the US able to develop around 1400 trillion cubic feet of shale gas that is recoverable at just $4 per million BTUs or less, Chevron Australia boss Nigel Hearn warned yesterday.

Haydn Black
Nigel Hearne.

Nigel Hearne.

Hearne, who used to head up Chevron's gas production in the prolific Appalachian Basin, has seen first hand the transformative effect of the shale gas revolution on North America, and he says that with...

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