Monday, May 14

Shale gas to put South Australia on front foot as global energy superpower




Moomba oil and gas plant in Cooper Basin, South Australia. Source: The Advertiser

THE biggest oil and gas industry conference in the southern hemisphere will today hear how is going to "play a major role in Australia's emergence as a global energy superpower".
While much of the local focus has been on SA's role as an emerging uranium powerhouse, the four-day Australian Petroleum Production and Exploration Association conference will hear how Australia and SA are set to benefit from predictions global energy demand will increase by a third in the next 25 years.

APPEA chief executive David Byers said SA's Cooper Basin remained Australia's leading onshore conventional petroleum province, and SA was a major producer of oil and conventional gas with Adelaide-based Santos and Beach Energy leading the way.

He said US experiences indicated SA's next big growth story may lie in shale gas.

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Adelaide Now

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