Monday, March 5

Set your sights on gas giants: LNG




With Australia's production of LNG increasing rapidly as prices rise, David Potts examines the stocks on offer.

Petrol prices are on the way up and converting the car to gas won't help because its price is rising too.
Well, it had better: otherwise the $175 billion being spent developing new deposits of gas everywhere from the North West Shelf to coal seams along the east coast will go straight down the, er, pipeline.

At the risk of sounding indelicate, Australia's production of gas is expected to quadruple in 10 years.


SMH

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