Pipeline industry expects massive windfalls
Australia’s pipeline industry is will benefit from windfalls in excess of $20 billion as the sector consolidates on capital expenditure and increased investments in coal-seam gas and LNG projects.
Major investments in Queensland are set up the expected windfalls, according to the Australian Pipeline Industry Association.
"This is an unprecedented level of activity in the pipeline sector, which will continue in line with the increased use of gas," APIA president Peter Cox told The Australian.
"The future of the pipeline industry is very closely linked to the future of the gas industry, and the increase in both domestic gas use and LNG exports has a proportional increase in the number of pipelines that have to be designed, built and operated in Australia."