Published 05/29/2024 5:33:28 p.m.

Half of exported gas royalty free in 'obscene giveaway' - Michael West

Summary by Australian Associated Press

A failure to impose royalties on more than half of Australia’s exported gas is costing the public purse billions of dollars, independent think tank research shows. The Australia Institute report showed six of the 10 facilities that export liquefied natural gas, which is methane gas that’s liquefied for shipping, were not paying royalties to state […]

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PerthNow

Half of exported gas royalty free in 'obscene giveaway'

Royalties should apply to all of Australia's gas to extract a large return of resources owned by the community, the federal government has been told.

05/29/2024 5:33:28 p.m.·Perth, Australia

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Canberra CityNews

Half of exported gas royalty free in 'obscene giveaway'

Australia is being urged to charge companies royalties for all of its gas exports. (Richard Wainwright/AAP PHOTOS) By Poppy Johnston in Canberra A failure to impose royalties on more than half of Australia’s exported gas is costing the public purse billions of dollars, independent think tank research shows. The Australia Institute report showed six of the 10 facilities that export liquefied natural gas, which is methane gas that’s liquefied for …

05/29/2024 11:57:37 p.m.·Canberra, Australia

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