Publication Name: PESA News
Publication Issue: 115
Date Published: December 2011
Number of Pages: 3
Abstract:
2011 has been another extraordinary year for Australia's resources industries and in particular the oil and gas sector. This year we have seen record export earnings from mineral and energy commodities of $175 B, and this figure is forecast to rise 21% next year. Export earnings from LNG alone topped $10 B and collectively resource and energy export earning accounted for around 60% of the national total for all goods and services.