Natural gas—Australia’s next energy advantage

knoxAustralia’s natural gas resources offer clean, reliable and abundant energy for Australia and the fast-growing economies of Asia. After supplying natural gas to Australia’s largest cities for over 40 years, Santos stands on the cusp of a dramatic transformation to a new role as a major domestic gas supplier and a significant LNG exporter. Santos was first to recognise the opportunity to convert coal seam gas to LNG, and the company’s GLNG project is at the forefront of an exciting new industry. That industry is set to make Queensland the world’s largest exporter of unconventional natural gas. Delivering these projects will require stable fiscal regimes, regulatory certainty and skilled labour. Australian natural gas has a major role to play in generating significant export and domestic revenue; reducing carbon emissions both here and overseas; and maintaining Australia’s comparative advantage in energy.