Australia “to be an energy superpower” by mid 2017

australia to be an energy superpower by mid 2017

Australia “to be an energy superpower” by mid 2017

Morgan Stanley report predicts that has export will help country eliminate its current account deficit for the first time in four decades.

Australia is to become a global gas superpower by the middle of the decade and eliminate its current account deficit for the first time in almost 40 years, according to Morgan Stanley. “Liquefied natural gas (LNG) exports from Australia could be the next big thing,” said the bank in a new report.

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