The Australian is excited about more LNG investment:
Australia’s decade-long gas investment boom could have further to run, with looming spare capacity at the nation’s oldest LNG plants providing the potential for $20 billion of development decisions in the next five years.
Potential appetite for the new investment was evident this past week when North West Shelf LNG project operator Woodside Petroleum struck a low-cost deal with its Shelf partner BHP Billiton to buy a 25 per cent stake in the big, remote Scarborough gas fields.