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2018-06-15 10:40:00

AUSTRALIA'S LNG INFRASTRUCTURE

AUSTRALIA'S LNG INFRASTRUCTURE

REUTERS - After spending a decade and billions of dollars developing Australia's vast gas reserves, U.S. energy giant Chevron Corp and local firm Woodside Petroleum are at odds over the pace and timing of the next leg of expansion.

Shipments of liquefied natural gas (LNG) have become one of Australia's biggest exports and a key source of revenue for many energy majors, so any hurdles in the sector's development could strike a substantial blow.

The issue comes down to how quickly…

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Tags: AUSTRALIA, LNG, GAS, INFRASTRUCTURE, CHEVRON, WOODSIDE

Chronicle:

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