Growing gas demand benefits Australia: APPEA

APPEA Chief Executive Dr Malcolm Roberts.

APPEA Chief Executive Dr Malcolm Roberts.

The International Energy Agency’s (IEA) forecast that natural gas will increase its share of the global energy mix in coming decades is great news for Australia, according to the Australian Petroleum Production and Exploration Association (APPEA).

APPEA Chief Executive Dr Malcolm Roberts said the IEA’s latest World Energy Outlook highlighted an enormous economic opportunity right on Australia’s doorstep.

“The IEA is forecasting demand for natural gas will increase by 45 per cent by 2040, increasing its share of global energy demand from 22 per cent today to 25 per cent,” said Dr Roberts.

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