The oil and gas industry’s troubled peak group APPEA has rebranded as Australian Energy Producers.
offshore gas customers in allied countries led by Japan and South Korea, which are heavily dependent on Australian energy imports.
“And we power millions of homes and businesses, both here and overseas, while delivering substantial economic benefits to Australia, supporting 80,000 jobs and contributing $16 billion to governments to fund services and infrastructure last year.” “Our members will continue to build Australia’s energy and economic stories, overcoming technical and logistical challenges to find and produce essential energy, often in some of the most remote places on Earth.”News of the rebranding coincides with Resources Minister Madeleine King on Wednesday releasing an issues paper that suggests decommissioning redundant offshore oil and gas infrastructure could be worth up to $60 billion in new work over the next 30 to 50 years.
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