By McGowan giving Beach/Stokes & Mitsui an export exemption (shortly after he totally banned all exports, so dodgy) he has pretty much gifted them more than $10B per 500BCF of gas, not a bad present. What makes matters even worse is that Mitsui is an international company & Beach is a South Australian company, while WA companies like STX, MIN, NWE & WGO don't get a look in. If the WA companies were granted the same exemption, the value of them would greatly increase.
If you feel like i do, we all should do something about it & email our illustrious leaders with our thoughts.
Just for your convenience i have included their emails addresses.MarkMcGowan
RogerCook
BillJohnston
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- If you think the Beach/Mitsui cosy exemption from McGowan stinks
If you think the Beach/Mitsui cosy exemption from McGowan stinks
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