BP puts $1b Kwinana hydrogen and clean fuel projects on ice
The two projects will be "recycled" amid BP's concerns about costs and government policy.
Santos' Varanus Island plant processes gas from John Brookes and other gas fields to supply to the WA market.
A massive oil spill and allegations of a cover-up have resulted in just a $10,000 fine for the $22 billion company.
In 2007 WA lost 30% of its gas supply, and Apache Energy workers were lucky not to lose their lives, after a corroded gas pipeline failed and produced a gigantic explosion.
Macquarie and Brookfield will have to sell exploration potential in their $4 billion float of Quadrant Energy amid concern its domestic gas plants could run dry in as little as six years.
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