Senate debates

Thursday, 11 October 2012

Questions on Notice

Browse Joint Venture (Question No. 2134)

Photo of Rachel SiewertRachel Siewert (WA, Australian Greens) Share this | Hansard source

asked the Minister for Resources and Energy, upon notice, on 5 September 2012:

With reference to the proposed Browse liquefied natural gas (LNG) precinct at James Price Point and the recent comments made by the Premier of Western Australia that the Woodside led joint venture ''may lose their gas rights'' if they do not develop an LNG plant at James Price Point:

(1) Does the Western Australian Government have the power to remove retention leases from the joint venture partners; if so, (a) is such a decision required to be jointly made with the Federal Government; and (b) what other conditions must be satisfied before the removal of retention leases can take place.

(2) Which ministers or entities have the power to make a decision to remove retention leases from the Browse joint venture partners and under what conditions.

(3) Has a unitisation agreement been determined regarding the amount of royalties Western Australia would receive from the proposed Browse LNG joint venture gas fields.

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