Mark Ogge
Principle Advisor

It turns out our governments aren’t just giving most of our gas away for free to foreign owned gas corporates. They’re also handing back the much of the meagre royalties they do bother to collect!

Yes, that’s right. The same governments who don’t charge any royalties on over half the gas exported from Australia, who managed to concocted a Petroleum Resource Rent Tax that no gas export projects has ever paid, are now funneling the meagre royalties they do collect on oil back to Chevron, Santos and Exxon.

That’s at least $500 million, almost half the royalties these companies have paid for their lucrative Barrow Island oil project over the last 40 years, to clean up the environmental destruction of one of WA’s most important ecosystems.

Yes, these companies have managed turn WA’s second largest island, and formerly pristine Class A nature Reserve, Barrow Island, into a “contaminate site” as it is now classified by the WA Government. Even if thats possible, itwill cost a bomb, and Ausie taxpyers will food the bill.

If you or I get caught littering, we pay a fine. If Big Gas destroy an island, they get a tax refund.

Its complete policy and regulatory failure. Big Gas has captured out governments. Surely its time for a comprehensive public inquiry into the mismanagement of Australia’s gas resources!