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lng price boom seen as japan vies with ch, page-2

  1. 141 Posts.
    In The Australian: Japan's energy loss, our LNG gain

    Full article here
    http://www.theaustralian.com.au/news/features/japans-energy-loss-our-gas-gain/story-e6frg6z6-1226141161891

    A few points from the article are that:

    Japan is investing in Australia's coal-seam gas industry.

    With the nuclear power decline, it has left utilities scrambling for Australian resources to meet demand in the short and long term.

    This puts Australia's resource industry -- already riding the crest of an unprecedented wave of demand -- in line for a multi-billion-dollar bonanza.

    In an interview with The Australian in Tokyo, Ferguson describes the present conditions as a "once in a lifetime" opportunity for Australia's LNG, coal and coal-seam gas producers.


 
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