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PNG struggles to find customers for its gas
Publication year - 2006
Publication title -
oil and energy trends
Language(s) - English
Resource type - Journals
eISSN - 1744-7992
pISSN - 0950-1045
DOI - 10.1111/j.1744-7992.2006.311107.x
Subject(s) - new guinea , nobody , work (physics) , east coast , geography , business , economy , economics , history , engineering , ethnology , physical geography , mechanical engineering , computer science , operating system
Australia's populated east coast faces a shortfall in gas supplies over the next few years as gas fields in the Cooper Basin in central Australia go into decline. Right on cue Papua New Guinea (PNG) has emerged as an alternative source of supply. The country has ample reserves and lies just to the north of Australia's eastern seaboard. What is more, the idea of supplying gas from PNG to eastern Australia has had the support of some of Australia's leading energy companies. Why, then, can nobody get the idea to work?