PERTH, AUSTRALIA--August 30, 2013--Researched by Industrial Info Resources Australia (Perth, Australia)--One of the world's largest gas fields has been discovered off the coast of Papua New Guinea, according to Clive Palmer, the chairman of Palmer Petroleum Pty Limited (Brisbane, Australia). Palmer recently announced that his company has identified a gas region off the coast of Papua New Guinea with a US$35 billion (AUD$39 billion) potential.