Australia has its sights set on a lofty goal: to be the world's top natural gas exporter. According to Royal Dutch Shell (RDS.A) CEO Peter Voser, though, there are some big problems getting in the way. With LNG export facilities running over budget and past due dates, the country's shot at establishing a first-mover status may be at risk from other new countries looking to supply the Asia-Pacific market.
Why should we listen to Shell on Australian LNG? The company has over $30 billion tied up in four separate LNG export facilities down under. In this video, Fool.com contributors Tyler Crowe and Aimee Duffy take a look at why Australia wants to get these facilities up and running quickly, and discuss some other players in the Asia-Pacific market to look out for.
