ANALYSIS: Australia is one of the world’s biggest gas exporters, but was facing the prospect of importing gas until major corporates started to flex their muscles.
WATCH: NBR senior journalist Lachlan Colquhoun speaks with Will Mace.
There was a time, back in the 1970s, that Australia sourced about 70% of its oil supply from the offshore fields of Bass Strait, and even exported to New Zealand.
That industry was gradually wound back to the point