“The cost of new production, for instance in Australia, does require a higher sales price to realise the very real technical challenges in-country and in transportation,” Haywood, the British supermajor’s Global Gas chief operating officer, told the 20th World Petroleum Congress.
(Click here to read other Upstream stories from the 2011 World Petroleum Congress in Doha.)
Currently the largest new global gas projects are Australian liquefied natural gas ones, some of which will use coal seam gas (coal bed methane) as feedstock.
“This
