Records set for Aussie gas

Townsville Bulletin - - Investor -

AUS­TRALIA set a new nat­u­ral gas pro­duc­tion record in 2010, while the value of liq­ue­fied nat­u­ral gas ( LNG) ex­ports also hit fresh highs. A re­port by en­ergy eco­nom­ics group En­er­gyQuest shows Aus­tralian do­mes­tic gas pro­duc­tion in­creased 2.7 per cent in 2010 to a record 1060 peta­joules, up from 1032 PJ in 2009. Nat­u­ral gas pro­duc­tion grew strongly on the east coast, where coal seam gas pro­duc­tion reached a record 222 PJ, an in­crease of 43 PJ from the pre­vi­ous year. Liq­ue­fied nat­u­ral gas ( LNG) pro­duc­tion rose 6.2 per cent to 19.8 mil­lion tonnes per an­num.

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