Investment in Western Australia’s upstream industry has fallen as the gas boom has eased and oil prices remain low, but the state could benefit in the end, the state's petroleum minister says.
LNG looks set to take off as a bunkering fuel over the next 10 years, but there are still significant risks to the pace of development.
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Companies planning to take FIDs on LNG projects are unwilling to postpone their decisions in case doing so puts the projects themselves in jeopardy.
Companies planning to take FIDs on LNG projects are unwilling to postpone their decisions in case doing so puts the projects themselves in jeopardy.
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