The Australian Government has released the Liquefied Natural Gas (LNG) Commodity Report, part of Australia’s Global Resources Strategy.
The commodity report positions Australia as a reliable partner who will keep supporting global growth in LNG demand.
The report highlights that:
The report identifies India and Bangladesh as major emerging LNG markets. The government is supporting the huge trade and investment potential in these markets through the new South Asian LNG Partnership.
The government has also announced an LNG partnership with Timor-Leste. This partnership will deepen our countries’ links around gas development and trade, including carbon capture and storage. It includes $1 million for visits between the countries by business and government delegations.