The Hon Josh Frydenberg MP was sworn in as Minister for Resources, Energy and Northern Australia on 21 September 2015.

The Hon Josh Frydenberg MP

Australia will join the Extractive Industries Transparency Initiative (EITI), an international standard for increased transparency and accountability in the oil, gas and mining sectors.

The resources sector continues to play an important role in our economy, representing around 10 per cent of Australia’s GDP and more than 50 per cent of our exports.

Australia has overnight been approved as a member of the Generation IV International Forum (GIF), a co‑operative international endeavour, joining 12 other nations and the European Union to work together on long‑term research on advanced nuclear technologies.

After considering the feedback provided in the 120 day community consultation period that concluded in March, the Government has shortlisted the voluntarily nominated site in Barndioota, South Australia, as a possible site for a National Radioactive Waste Management Facility.

I welcome the launch of the ‘2xEP’ Manufacturing Sector Roadmap to double Australia’s energy productivity in manufacturing by 2030.

Today I arrived in Shanghai for Australia Week in China 2016 (AWIC), to promote trade and investment opportunities in Australia’s resources and energy sectors with our largest trading partner.

This week I will join the Prime Minister, the Hon Malcolm Turnbull MP, industry leaders and delegates from more than 95 countries in Perth for the 18th International Conference & Exhibition on Liquefied Natural Gas (LNG18).

The release of the Resources and Energy Quarterly by the Chief Economist of the Department of Industry, Innovation and Science for the March quarter has again highlighted the positive outlook for Australia’s resources and energy sectors over the medium to long term.


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