Gas a Major Economic Driver, Peak Industry Body Says

The Wheatstone offshore platform is the largest offshore gas-processing platform ever installed in Australia in Western Australia. Courtesy of Chevron Australia Pty Ltd

The gas industry generated $121 billion (US77.2 billion) for the economy last year, up 42 percent on the previous COVID-19-impacted year, the head of the sector’s peak national body says.

Gas Energy Australia CEO Brett Heffernan said internal research showed the industry accounted for 5.25 percent of Australia’s GDP.