The document analyzes developments in Australia's shale gas industry, which is looking to rapidly build its shale gas reserves to gain a foothold in the global shale gas market and increase natural gas exports, especially to Asia. It notes that Australia has 437 trillion cubic feet of recoverable shale gas reserves according to estimates, but developing these reserves will take a long time. Both domestic and foreign companies are obtaining licenses to explore and develop shale gas blocks in Australia, though there are challenges to overcome.

1. Australia Shale Gas Industry Developments Analyzed by KuicK Research
Australia is looking to build its shale gas reserves rapidly to gain a better foothold in the
world shale gas market and also increase its natural gas exports.
“Australia Shale Gas Industry Analysis” Report Highlights:
 Shale Gas Industry Overview
 Shale Gas Reserve Analysis by Basins
 Shale Gas Exploration & Production Opportunities
 Shale Gas Development Regulatory Framework
 Technologies For Shale Gas Exploration
The exploration of shale gas has just started in Australia and the future, according to the
estimated reserves, looks bright. 437 Trillion Cubic Feet of recoverable reserves will not be
developed in a jiffy and will take a long time before any commercial production can start.
The Australian government is looking to develop these reserves rapidly and has already
started giving away the blocks. A lot of domestic companies have bought licenses from the
government to develop shale gas blocks and many more are joining the bandwagon. The
foreign companies, with their technological expertise, are also developing these blocks in
partnership with the domestic firms. There are many challenges to be faced along the road
but none that can’t be overcome.
Australia is looking to build its shale gas reserves rapidly to gain a better foothold in the
world shale gas market and also increase its natural gas exports. Its biggest market is the ever
energy hungry Asia. As Asian nations are slowly moving towards becoming gas based
economies, Australian gas is finding more buyers and better markets. This is the right time for
Australia to tap the market and flood it with its own gas produce. China, a key exporter of
Australian LNG has found its own shale reserves, probably the worlds largest and is fast
developing it. This will reduce its dependence on imports from Australia. That is why,
Australia should keep feeding its gas to China till it is able to produce its own gas and for
that, Australia will have to move fast to develop and produce its shale gas.
For Report Sample Visit: “Australia Shale Gas Industry Analysis”
Or Contact: avinash@kuickresearch.com