Turnbull government called on to explain where Australia's offshore gas wealth is going

SYDNEY MORNING HERALD
Heath Aston
9 October 2016

By 2021 Australia will eclipse the Persian Gulf state of Qatar to become the world's biggest exporter of liquefied natural gas. In that year, Qatar's government will receive $26.6 billion in royalties from the multinational companies exploiting its offshore gasfields. According to Treasury estimates, Australia will receive just $800 million for the same volume of gas leaving its shores.

> Read more: http://www.smh.com.au/federal-politics/political-news/turnbull-government-called-on-to-explain-where-australias-offshore-gas-wealth-is-going-20161009-gryaoi.html