The gas market on the east coast of Australia faces imminent upheaval, with three LNG plants on stream by yearend. The domestic markets in New South Wales and Queensland need gas. Armour Energy's Nick Mather discusses what opportunities and challenges does this provide for exploration companies, producing companies, governments and the general public. Mather also explores how low oil prices and growing demand from Asia will impact opportunities for growth in Australia.
- Nick Mather, executive chairman, Armour Energy.
When Joe Biden spoke during last year’s presidential election about leading the U.S. in a “transition from oil,” he hardly expected to be asking the world’s crude producers for more supply just 12 months later.
Oil and gas companies worldwide are increasingly trying to market their products as cleaner, including by buying credits, powering drilling operations with renewable power and investing in technology to capture and store emissions.
Experts discuss how emissions factor into profitability in the era of energy transition and the need for standardization in how to measure them.