Australia's LNG Industry Remains Competitive, Despite Suggested Risks

PERTH, AUSTRALIA--June 25, 2014--Researched by Industrial Info Resources Australia (Perth, Australia)--Australia's oil and gas heavyweights maintain that the country's second wave of investments in liquefied natural gas (LNG) plants is at risk unless the country can dramatically reduce labor and regulatory costs for future capital-intensive developments. Despite these concerns, such an outcome remains unlikely, and Australia will remain one of the best places for investors to inject the billions of dollars needed to develop large-scale LNG projects.

Other companies featured: Chevron (NYSE:CVX), Royal Dutch Shell (NYSE:RDSA)