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Independent senator David Pocock, Australia Institute Executive Director Richard Denniss, Australia Institute Climate and Energy Advisor Mark Ogge and Independent Member for Kooyong Monique Ryan at a press conference at Parliament House in Canberra, Thursday, May 30, 2024. (AAP Image/Mick Tsikas) NO ARCHIVING

Great Gas Giveaway Press Conference | David Pocock, Monique Ryan, Richard Denniss

Australia Institute research has found that 56% of gas exported from Australia attracts zero royalty payments, effectively giving a public resource to multinational gas corporations for free. Around 80% of Australia’s gas is exported as liquefied natural gas (LNG). Most of this gas is extracted from gas fields in Commonwealth waters, but the Australian Government

“Extraordinary” No royalties paid on 56% of gas exported from Australia | Video

by Mark Ogge

Gas companies are meant to pay royalties for the right to extract and sell Australian gas. But no royalties are paid on 56% of gas exported from Australia. Report author Mark Ogge joined ABC News to discuss. A new report from the Australia Institute, Australia’s Great Gas Giveaway, shows that over the last four years,

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