I once remembered that oil and gas industry has started to become another booming industry where more jobs are getting created. In fact I was told that Australia and Canada would become two countries with further job prospects in this field. Brazil is another location but for mining industry.
The Gorgon gas project is a natural gas project in Western Australia, involving the development of the Greater Gorgon gas fields, subsea gas-gathering infrastructure, and a liquefied natural gas (LNG) plant on Barrow Island. The project also includes a domestic gas component. It is currently under construction and once completed, will become Australia's fourth LNG export development.
- 300 ha of land has been acquired on Barrow Island
- 3x5 MTPA LNG Trains
- 15 million tonnes of LNG per year
- 300 terajoules per day domestic gas plant
- Ground breaking occurred on December 1, 2009
- First LNG in 2014
- Production ends between 2054–2074
There's plenty of untapped resources located 85 kilometers of coast from Northwest Australia. This of course reminds me of the problem Kelantan is facing. Kelantan can go tap in petroleum and gas off shore, but they ran into the trouble with the Federal government over oil royalties because of the 3-nautical mile boundary. That's because the emergency laws have yet to be officially declared over.
If the Federal government is unable to rescind that emergency declarations because of paranoia, even though the period of Emergency was over for more than 22 years, then there is something wrong with their brain or so. Chance of tapping more income to the country is gone awaste because of the political obsession.
I think this was one of those things that Ku Li mentioned sometime back about vast resources off shore Australia, this could be one of it.
This video from Chevron explains it mostly: