More Delays For Australia's Large-Scale Mining, Gas Projects

PERTH, AUSTRALIA--January 15, 2013--Researched by Industrial Info Resources (Sugar Land, Texas)--The Australian Oil & Gas Industry, which is already dealing with soaring cost blowouts at new facilities that are still under construction and falling commodity prices, has been dealt another blow that could further hurt the chances of more large-scale investments. Western Australian Premier Colin Barnett has raised concerns that the $32 billion (AU$30 Billion) Kimberly Gas Hub could be the next casualty of pressure from environmental groups before the next federal election.