Published On: Thu, Nov 25th, 2021
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Australian Govt Celebrates $16.5 Billion Gas Project Despite Climate Groups Outcryon November 25, 2021 at 6:47 am

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The go-ahead for a $16.5 billion (US$12 billion) offshore gas project off the coast of Western Australia (WA) has become a cause of celebration for the government whilst simultaneously drawing severe criticism from environmental groups. Following a merger between the oil and gas portfolios of resource giants BHP and Woodside, $2.1 billion (US$1.5 billion) has been allotted to initiate the development of 8 subsea gas wells in Scarborough—375 kilometres (233 miles) off the coast of Karratha in WA. An estimated total 314 billion cubic metres (11.1 trillion cubic feet) of dry gas—equivalent to 126 million Olympic sized swimming pools—will eventually be pumped through 430 kilometres (270 miles) of pipeline for onshore processing. Speaking at a Business Council of Australia address, Prime Minister Scott Morrison expressed excitement over the project’s initiation. “I assure you that all our Government warmly welcomes Monday’s announcement of the final investment decision to approve the $16.5 …

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