Booming, but for how long?
With the rapid rise in demand for LNG from Asia, the Australian coalbed methane (CBM) industry is booming. But could competition from US and Chinese shale gas frustrate Australian ambition?
With the rapid rise in demand for LNG from Asia, the Australian coalbed methane (CBM) industry is booming. But could competition from US and Chinese shale gas frustrate Australian ambition?
Energy Drilling Australia (EDA), a subsidiary of mineral drilling services company, Ausdrill, looks to expand further into Australia’s coalbed methane (CBM) industry after taking delivery of a second drilling rig and ordering a third.