$1.2b Kwinana clean up bill drives Alcoa Australia to a $600m loss
The US miner is also facing declining production and delayed approvals in WA, where it mines three-quarters of its bauxite.
Most gas in Western Australia is produced offshore and exported as LNG, with some reserved for domestic use. Production from the onshore Perth Basin is increasing. WA is the most gas-dependent state in Australia.
The WA domestic gas market needs an exploration boost and more supply from the Gorgon project if it is to meet rising demand over the next 10 years.
From the outset, Norway planned to maximise the long term benefit it gained from its oil and gas, unlike Australian politicians who are content with crumbs from the table.
According to Mines and Petroleum Minister Bill Johnston, the onshore oil and gas industry needs to get the community behind fracking.
Woodside is confident it will not have to pipe gas to WA from its giant Pluto project despite the company’s five-year reprieve from the State’s domestic gas policy ending in May 2017.
All the info and a bit of comment on WA energy, industry and climate every Friday