NERA's Supply Chain Report analyses the size and composition of the domestic supply chain, its challenges, its economic potential and its opportunities for growth.
The report shows that if growth challenges are addressed, Australia's oil & gas suppliers could capture an additional $7 billion of value (GVA) by 2030, generating up to $49 billion to the economy.
This is the first time the size and composition of Australia's oil & gas supply chain has been analysed to determine its economic potential and opportunities for growth.
It reveals that, while the local supply chain is a vital contributor to the Australian economy (at $38 billion Gross Value Add), is approximately 1.2 times the size of the building construction sector and generates almost 2 percent of the nation's Gross Domestic Product, it is not yet meeting its full potential.
View the report below, or find out more about it here.