Country Analysis Brief - October 2011
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Australia was the world's largest coal exporter and the fourth largest exporter of liquefied natural gas in 2010, after Qatar, Indonesia, and Malaysia. Australia is a net importer of crude oil and refined petroleum products, but a net exporter of liquefied petroleum gas (LPG). Hydrocarbon exports accounted for 34 percent of total commodity export revenues in its fiscal year 2009-2010. Australia's dependence on oil imports is projected to increase as domestic consumption increases and production continues to decline.
For more information on Australia's energy sector, visit http://www.eia.gov/countries/cab.cfm?fips=AS
Posted: October 31, 2011