Zero Royalties Charged On $111 Billion In Gas Sales
Over the last four years, $111 billion worth of liquefied natural gas (LNG) was exported from WA, derived from royalty-free gas.Key Findings:Around
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Over the last four years, $111 billion worth of liquefied natural gas (LNG) was exported from WA, derived from royalty-free gas.Key Findings:Around
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.
Independent senator David Pocock calls the Australian gas industry "leeches" in response to a report that found over half of Australia's LNG export facilities pay no royalties.
Australia is exporting the majority of its gas without receiving a cent in royalties, representing $13 billion in lost revenue.
Royalties should apply to all of Australia's gas to extract a large return of resources owned by the...