Prelude

For many business people the current conditions seem very challenging.

Australian liquefied natural gas projects can continue to be competitive against new developments planned for the United States, Canada and east Africa, industry consultant RISC has found.

Chevron has announced a second cost increase and further delays to its giant Gorgon gas project, with the budget now set at $US54 billion.

Broome Port Authority has secured Royalties for Regions funding for an upgrade that will bolster its ability to compete with Darwin as a supply base for offshore oil and gas projects.