LNG is the new coal
With the media spotlight focussed on activists, the Greens and even Pacific nations complaining about coal, no one seems to have noticed that our LNG exports are now double the value of thermal coal exports and are growing fast.
After analysing data collected by Australia’s Department of Industry Innovation and Science, the US Energy Information Administration declared in August that Australia would surpass Qatar as the largest exporter of LNG this financial year, as a succession of massive projects have come on line.
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