Australia has ambitions to dethrone Qatar as the world’s largest LNG producer by the end of the next decade. The Australian government’s current goal is the production of 60 million tons of LNG per year for export. The Australian government is looking to achieve their goal largely through the Gorgon LNG Project. In Greek mythology, a gorgon is a hideous monster, but this Gorgon is a ‘monster’ of liquefied natural gas project in Western Australia.

Gorgon’s network of fields is believed to hold as much as 50,000 billion cubic feet of gas and the 40-year project is expected to produce 15 million tons a year, which is equal to 8 percent of current global capacity.

The Gorgon project has already attracted ready and eager buyers for the LNG that will be produced. PetroChina, China’s largest energy company, agreed to buy $41 billion worth of Gorgon LNG over a 20 year time period.

LNG Makes It A Really G’Day, Mate

by Tony Daltorio, Investment U Research

They don’t call Australia the lucky country for nothing.

It must be luck to have such abundant amounts of energy, metals, minerals and agricultural commodities, not to mention residing so close to China and India, two countries with large populations and a seemingly insatiable appetite for such natural resources.

And that luck shows again in the recently approved, multi-billion dollar, Gorgon liquefied natural gas (LNG) project, which is spreading good fortune to the foreign companies involved in the venture and the investors who know that Australia is where it’s at…

Australia currently has the 14th largest known gas reserve in the world, and many expect it to make the world’s top ten list in that category sooner than later. Dr. Graeme Behtune, the director of research firm Energy Quest, estimates the

The number of Chinese with Internet access is increasing at an astronomical rate – after all right now, the region’s penetration rate is only 17% compared with 75% here in the U.S. And along with that growth, opportunities are emerging for a select few investors to get in on tech growth in the Far East.

Most of the time, backdoor plays offer the largest profits in growth industries like this one. Sometimes, however, a straightforward approach is your best chance at the quickest gains. This is one of those times.

Take China Mobile (NYSE:CHL), for instance. This telecom behemoth is the most obvious play in the region. In the last three years, the company doubled the number of subscribers and grew its bottom line 107%. That’s a rare feat for a $230 billion company.

China Mobile’s growth is impressive, but it’s nothing compared with what a small-cap player can do in this