No gas

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Matt Flynn
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No gas

Post by Matt Flynn »

Don't understand this, given the massive gas projects in Australia of recent years ... http://www.news.com.au/national/breakin ... a86c334235

Did they sell it all to someone else?


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Muddies
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Re: No gas

Post by Muddies »

Hi Matt
The gas is already sold before the project even starts,Inpex is Japanese, so most of the gas will go back to japan, they pay the aussie govt royaltie $$s , same goes for Woodside & Connoco phillips.
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dannett
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Re: No gas

Post by dannett »

I recall (and I might be wrong) that Inpex is required to provide 25% of the Channel Island demand gas demand. In the scheme of things, it is probably a pooftenth of what is mined.
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Matt Flynn
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Re: No gas

Post by Matt Flynn »

Another story that the gas royalties have been inadequate ... https://www.theguardian.com/australia-n ... or-inquiry
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