Australia Prepares for Continued Rise in Natural Gas Demand

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Researched by Industrial Info Resources (Sugar Land, Texas)--Australia plans to boost drilling activity at its natural gas reserves, to fulfill a predicted continuation of rising gas demand.

The biggest activity is expected to be in Queensland and Victoria, where the existing pipeline and terminal infrastructure is to be further developed. Companies such as Santos Limited (Adelaide, South Australia), APA Group (Sydney, New South Wales), QGC (Brisbane, Queensland), Royal Vopak N.V. (Rotterdam, Netherlands) and Jemema (Melbourne, Victoria) are involved.

Industrial Info is tracking roughly US$6.7 billion worth of active projects across Australia related to the production, transportation and storage of natural gas. Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project Database can click here for a list.

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