from the papers.., page-8

Hey 77Anthony ,

You point that things are moving very fast in the lng world is an astute observation and needs to be revisited occasionally.

Even though the Aussie csg sector seems to be glacial , all anyone has to do is visit websites such as Rigzone , LNGworldnews etc. Also , any of the larger engineering/construction websites .

For absolute confirmation , have a look at the websites of the major oil companies. Those guys don't invest in things that don't make money. In fact , they have a significant track record in creating their own market.

In my view , the world is literally shifting from oil to gas. Not just for enviromental reasons but also for energy security. Doesn't mean it's all over for oil by a long shot but the evidence for gas is compelling.

For those that have a very short term focus , it may appear that nothing's happening ( or even for us long termers! ), but fast forward 3 or 4 years and look where the Australian lng industry will be based on the current planned projects.

It will be a vastly different picture from today.