The top five oil and gas trends for 2018

This year will be the year of the oil and gas revival, as prices lift performance and major projects come online.

Contracts will come under scrutiny as buyers push back.

While Australia is increasing its focus on securing domestic gas supply, it is taking a greater role globally and evolving the industry.

Wood Mackenzie Australasia oil and gas leader Saul Kavonic has outlined the five trends that will mark LNG growth in 2018.

Australia has been ramping up its LNG projects for a number of years, and 2018 will see it finally take the world’s number one spot from Qatar.

Read Cole Latimer’s story from today’s Melbourne Age - “The top five oil and gas trends for 2018.”