Queensland to make LNG history


A resource industry expert believes Australia will become the world's biggest exporter of LNG in only three years.

Australian Petroleum Production and Exploration Association chief Paul Fennelly said that for the first time in the state’s history, Queensland would begin exporting LNG later this year, according to the Queensland based Daily Mercury.

There are currently three LNG projects underway on Curtis Island in Gladstone, and a fourth planned by Arrow energy.

The Queensland Curtis LNG project is expected to come into operation later this year, with the Gladstone LNG and Australia Pacific LNG projects to start exporting within the next 12-18 months.

Mr Fennelly said: “We don't want to miss the opportunity to be globally significant in LNG.”

In other LNG news, with trade booming between the two countries, German chancellor Angela Merkel has stated that she expects an even closer cooperation with Qatar in the coming years.

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