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Natural gas is consumed by various sectors in Australia. In Oceania, Australia is the largest producer of natural gas, followed by Papua New Guinea and then New Zealand. However, the top 4 sectors that demand the most are electricity generation, the energy industry, specifically LNG plant use and upstream, residential, and transportation industries. Natural gas and LNG produced in Australia is predominantly exported to the Asian market, the main countries include China, Japan, South Korea, Taiwan, and other countries. Currently, the supply of natural gas in Oceania is exceeding the demand. The majority of natural gas production growth will originate from conventional gas sources.
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