Australia hopes Gorgon LNG will prop up state tax-take

Monday, 20 July 2015

The Abbott government in Australia has been promised royalties of $40 billion over 30 years from Chevron, the owner and operator of Gorgon LNG. It hope that other LNG projects coming onstream will help lift this number to exceed $65 billion a year, boosting GDP and help create around 3,500 full-time jobs.


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