Helium drilling set to start after WA taxpayers shielded from cleanup costs
UK-listed Georgina Energy plans to drill in the remote Little Great Sandy Desert in search of helium, hydrogen and natural gas.
The Federal Government controls offshore oil and gas production outside of nearshore State waters and determines emission and climate policy.
Australia's Petroleum Resources Rent Tax has incredibly generous annual uplifts in allowable deductions that will likely see little or no payments from its offshore LNG projects.
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