Australia currently exports 44.3mn tonnes of LNG per year , but this may be set to dramatically increase as demand from Asia increases , potentially leading to it becoming the largest producer of LNG in the world . The country currently has seven operating LNG developments , with three more under construction , as well as other projects being considered . A large quantity of the country ’ s LNG is extracted north of the country ’ s western coast in the Prelude , Wheatstone and Ichthys gas fields . There is an estimated $ 80bn worth of LNG projects under construction across Australia . Recent discoveries of onshore LNG in Queensland have , in part , seen earnings forecasts for 2018 / 2019 of Australia ’ s total resource and energy export increase to $ 211bn .

72 April 2018