California-based energy company, Chevron, wants Western Australia to be excluded from the Australian Domestic Gas Security Mechanism, so as to reassure its customers in Asia and protect its windfall profits.
A significant portion of natural gas produced by Chevron comes from their Gorgon, Wheatstone and the North West Shelf projects in Western Australia.
Lines attributable to Greens spokesperson for resources, Yamatji-Noongar Woman Senator Dorinda Cox:
“While everyday Australians are facing a cost-of-living and energy crisis, Chevron is reaping in massive profits and continuing to destroy the climate.
“Chevron is putting its profits above the wellbeing of everyday Australians. Its Gorgon gas project paid $7 million in tax in the 2019/20 financial year, while producing as much as $32 million a day. Its Wheatstone project paid no tax or royalties in 2021.
“Chevron claims to be a good corporate citizen yet it's putting the market over people. Australia is facing an energy crisis and any impact on their international exports could be redirected to the Australian domestic market
“For decades, both Liberal and Labor governments have been taking political donations from mining companies and giving them massive tax handouts and tax breaks in return.”