Western Australia – an economy built on gas

The Western Australian economy relies on natural gas more than any other Australian state or territory. Natural gas fuels over half of Western Australia’s primary energy needs and 60 per cent of
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Bringing Australia’s offshore gas to market

More than 90 per cent of Australia’s 164 trillion cubic feet (Tcf) of gas lies in offshore basins. Some of these basins are located in water depths up to 5,495 m, which pose a number of challenges
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Acreage release boosts economy

The acreage release encompassed 29 release areas over nine basins and is the equivalent to three times the size of Tasmania. The 2011 Offshore Acreage Release is characterised by large blocks in offshore
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Carnarvon picks up offshore permits

Carnarvon was awarded the AC/P62 permit, which holds the Condor project, over an area of 1,512 square kilometres within the Vulcan sub-basin in the Bonaparte Basin, in November last year. The proven oil
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PRRT used as a bargaining chip

Industry sources have told the AFR that changes to the PRRT didn’t appear in the 2018-19 Budget in order to be used as a tool to negotiate with Pauline Hanson’s One Nation, who have
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