Senate debates

Wednesday, 14 November 2018

Questions without Notice

Resources Industry

2:55 pm

Photo of Matthew CanavanMatthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

This particular project and the Prelude project in the west bring to culmination a period of $200 billion of investment in Australian gas. Those investments will take Australia to be the world's largest exporter of LNG, something to take great pride in. I know Senator Brockman is a great supporter of the contribution that the Western Australian gas industry makes to these results for all Australians. The good news is that the demand for this product is continuing to grow. Yesterday's World Energy Outlook, released by the International Energy Agency, shows that Australia's LNG exports are expected to double from their current levels by 2040. There are enormous future opportunities for Darwin, for Western Australia and for our whole country if we continue to have the policy settings right to attract investment into liquid natural gas and continue to provide those thousands of jobs to Australians. It will particularly help our First Australians get ahead, get jobs and start businesses.

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