The Coal Seam Gas Extraction industry is undergoing a period of rapid growth, which is being driven by access to new markets. Technological advancements have reduced the cost of exporting natural gas as liquefied natural gas (LNG), and spurred investment in export facilities and new gas fields in Queensland. Industry revenue is forecast to grow at an annualised 20.1% over the five years through 2014-15. The start-up operations at the first of three LNG export facilities on Curtis Island in Queensland is projected to drive revenue growth of 105.6% during 2014-15 to reach $1.2 billion.
Firms in this industry extract natural gas from coal seams. Extraction of gas from coal seams includes the use of non-convectional techniques such as hydraulic fracturing. Exploration, well drilling, and transmission and processing of natural gas beyond the wellhead are excluded from the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.