Australia's recent four mega-projects involving LNG plants have seen second approval under the environmental prior to signing of the official project.
BG Group PLC's proposed liquefied natural gas project in Queensland is the second project to after Santos Ltd. (STO.AU) and Malaysia's Petroliam Nasional Bhd or Petronas, received the Queensland government approval last month.
Australia's new Prime Minister Julia Gillard, who was swarn in Thursday, extended an olive branch to furious resources companies by offering to negotiate a compromise on the tax, but there's no certainty she'll give much ground.
The third project is a joint venture between ConocoPhillips and Origin Energy Ltd. with the last one a standalone venture by Royal Dutch Shell PLC.
All projects are now waiting for tax reforms from the Australian federal governments.
BG Group PLC's proposed liquefied natural gas project in Queensland is the second project to after Santos Ltd. (STO.AU) and Malaysia's Petroliam Nasional Bhd or Petronas, received the Queensland government approval last month.
Australia's new Prime Minister Julia Gillard, who was swarn in Thursday, extended an olive branch to furious resources companies by offering to negotiate a compromise on the tax, but there's no certainty she'll give much ground.
The third project is a joint venture between ConocoPhillips and Origin Energy Ltd. with the last one a standalone venture by Royal Dutch Shell PLC.
All projects are now waiting for tax reforms from the Australian federal governments.
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