Chinese investors focus on Australia's shale gas
Australia is a good potential investment target in the shale gas sector for Chinese companies as the domestic industry hopes that its own developments there can help meet soaring demand, according to several experts in the field.
"It is a good idea to invest in Australia's shale gas business in terms of its geology and transportation to 皇冠体育app, as well as the size of the resource opportunity and the likelihood that these new gas sources will drive the expansion of liquefied natural gas projects," said Will Rathvon, global head of Natural Resources with Australia and New Zealand Banking Group Ltd.
Australia has mature infrastructure and technology for shale gas development. Land prices in Australia are much cheaper than in the United States, which can be a good choice for the Chinese investors, he said.
