Australian Gas Industry - Australia's Gas Industry in Profile Natural Gas at a Glance Natural gas is clean, economical, safe and in Australia is an abundantly available form of energy. Natural gas consists mainly of the hydrocarbon methane.
Natural gas provides substantial environmental and economic benefits to Australia.
Natural gas accounts for 18.1 percent of primary energy use and is expected to be Australia's fastest growing energy source. Australia's natural gas reserves are linked to major markets by over 17,000 km of high pressure transmission pipelines. Most natural gas markets are supplied by a single pipeline which carries gas from a single production centre. Proven and probable natural gas reserves are 109,051 PJ - equal to about 91 years supply at current production levels. Australian natural gas prices are among the lowest of the OECD countries.