Australia’s oil and gas industry faces a big challenge to decommission offshore oil and gas infrastructure over the coming decades, creating risks for investors and governments.
In recent decades, Australia has seen significant investment in offshore oil and gas infrastructure, particularly in Victoria and Western Australia. The oil and gas industry now faces a material risk as this infrastructure reaches the end of its useful life.
News article on 18 December 2023 by Josh Runciman from ieefa.org
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