Contribution to the EconomyStatistics as of Australia
Exploration Expenditure – · $1262 Million Australian (2005-2006) · $3811 Million Australian (2008-2009) Capital Expenditure – · $ 2.5 Billion Australian (2005-2006) · $2.3 Billion Australian (2007-2008) GDP · (2008-2009) 8% · (2005-2006) 5% Employment · 157,000 (August 2009) Exports · $161.2 Billion (2008-2009) Petroleum Production rate is approximately 5,300,000 barrels a day. |
Annual Value of Production $22.7B
Total Tax $5.8B Exports $16.9B Imports $22.1B Exploration Spending $2.7B Share of Pimary Eergy 54% GDP 2.1% Oil Reserves (Australia) 10 Years Gas Reserves (Australia) 110 Years |