Australia’s LNG sector must control costs: Deloitte

Australia’s LNG sector must fundamentally rethink its approach and operating model if it is to compete in the global marketplace, according to Deloitte’s leading oil and gas analyst.

Speaking at the South East Asia Australia Offshore and Onshore Conference (SEAAOC) in Darwin today, Deloitte’s Australian oil and gas leader Bernadette Cullinane discussed approaches to improving international competitiveness of the industry.

“Australia’s reputation as a high cost destination is well known globally and arguably well deserved,” said Ms Cullinane.

“Exceptionally high costs for LNG projects in Australia are driven by the complex nature of the projects, their remote locations, environmental sensitivities and the country’s high local cost base.

“Construction costs and a track record of project delays have also hurt budgets and our industry’s reputation.

&++++ !++!++ #!+ ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. &++++ !++!++ ! ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ #! ++. ++ !++!++#+ #+ ++ !++!++ ##+!+. &++++ !++!++ !# ++. #+ ++ !++!++ #+!+. &++++ !++!++ #! ++.

&++++ !++!++ #!+ ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. &++++ !++!++ ! ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ #! ++. ++ !++!++#+ #+ ++ !++!++ ##+!+. &++++ !++!++ !# ++. #+ ++ !++!++ #+!+. &++++ !++!++ #! ++.

&++++ !++!++ #!+ ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. ++ !++!++ #+!+. &++++ !++!++ !# ++. &++++ !++!++ ! ++ !++!++#+ #+ ++ !++!++ #+!+. &++++ !++!++ #! ++. ++ !++!++#+ #+ ++ !++!++ ##+!+. &++++ !++!++ !# ++. #+ ++ !++!++ #+!+. &++++ !++!++ #! ++.

Enter your details to receive a free trial to Pipeline, Plant & Offshore

Thank you for signing up for the Pipeline, Plant & Offshore trial.