LNG

Gas exports should help ward off recession

AUSTRALIA'S much-anticipated ramp up in LNG exports is still over the horizon, but the culmination of a $220 billion investment that will see production increase from 20 million tonnes per annum in 2009 to 85MMtpa in 2018, will lift the national economy.

Gas exports should help ward off recession

HSBC chief economist - Australia & New Zealand Paul Bloxham said that with the LNG forward sold on long-term contracts to Asia, the ramp up to becoming the world's largest LNG exporter is pretty much 'baked...

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