The Energy Account, Australia report highlights the considerable interest generated in Australia and internationally over recent years in the supply and use of energy products such as oil, natural gas, coal, uranium and electricity.
Total supply of the nation’s energy products in 2006-07 saw a 15 per cent increase from 2001-02, with the largest contributors being natural gas, which makes up 44 per cent to 2,007 PJ. Black coal, uranium concentrates and other refined products each contributed to the increase by 19 per cent each.
Natural gas production also experienced strong growth over the period, with production rising by 399 PJ.
Production statistics refer only to Australia’s indigenous gas, whereas supply amounts include imports.
The gap between Australia’s production and consumption of petroleum continues to grow, with crude oil production falling 21 per cent in the six years to 2006-07.
Exports of natural gas in the form of LNG doubled from 413 PJ in 2001-02, to 827 PJ in 2006-07, reflecting increased gas production from Western Australia and the Northern Territory. Exports of crude oil and refined products fell 31 per cent, while imports grew by 35 per cent.
