Political stability a major issue for Australian oil and gas investment

AS AUSTRALIA battles a domestic recession, and attempts to avoid the oncoming global financial crash caused by COVID-19, Australia’s upstream oil and gas industry will need long-term policy stability, according to research commissioned by the Australian Petroleum Production Exploration Association.

Political stability a major issue for Australian oil and gas investment Political stability a major issue for Australian oil and gas investment Political stability a major issue for Australian oil and gas investment Political stability a major issue for Australian oil and gas investment Political stability a major issue for Australian oil and gas investment

The report highlighted Australia's prior success in avoiding a full-blown catastrophe experienced overseas during the last financial meltdown from 2009 to 2012.

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