Opportunity and challenge for energy resources in Australia

Australia ranks as one of the top three global exporters of liquefied natural gas, coal and uranium.

The Australian energy resources sector involves the exploration, development and extraction of energy and fuels from oil, gas, coal and uranium, and related services. In Australia, it directly provides approximately 85,900 jobs with a gross value add of $55.1 billion (2016/17)*, (the statistics quoted do not include related supply and services inputs). This value is expected to increase as the balance of the LNG facilities currently under construction come online.

NERA’s vision covers the broad scope of energy resources, including oil and gas, and within that sector LNG, as well as supporting technologies and innovations relating to efficient and clean energy, renewables, hydrogen and future fuels. Our strategic focus involves accelerating the development, commercialisation and deployment of technologies that support and enhance the exploration, development, extraction and production of more and cleaner energy resources for the benefit of the wider Australian economy.

*Gross value add in current prices, $AUD, 2016/17 Source: ABS (2017) Australian System of National Accounts, Catalogue no. 5204.