Australian Gas Exporters Mostly Foreign Owned

An undated handout photo shows Australian resources giant Woodside's Cossack Pioneer oil production facility in the North West Shelf gas project, which produces a third of Australia's oil and half of its natural gas, off the northwest coast of Australia. AFP via Getty Images

Companies exporting gas from Australia are 95 percent in foreign hands, a new analysis from a think tank shows.

The Australia Institute study has found seven out of 10 gas export projects are at least 90 percent owned internationally.