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Australia could miss out on 2nd LNG boom

2015-05-20 19:20:53| Energy - Topix.net

Natural gas exports have been touted as Australia's great white hope to replace plunging iron ore earnings, but oil major Chevron has warned the nation risks missing out on the next wave of investment. Among the problems were too much regulation to get approvals, an inflexible industrial relations systems, high labour costs and taxes and government policies that don't support investment, said Chevron's Australian managing director Roy Krzywosinski.

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