OPERATIONS

Ichthys' windfall detailed

FINANCE minister Mathias Cormann has revealed Australian oilers' frenzied response to the Petroleum Resource Rent Tax review as a new report highlighted how the Ichthys LNG project's operations phase would still give Western Australia and the Northern Territory a sizable windfall.

Anthony Barich

Senator Matthias Cormann launching the ACIL Allen Economic Impact Assessment.

"As part of this year's Budget, a review was led by respected economist Mike Callaghan after receiving submissions - just about every stakeholder in the Australian oil and gas industry knocked on my door...

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