The Australian Financial Review I By: Mark Ludlow I P9 (Copyright 2016 Fairfax Media Publications Pty. Limited All Rights Reserved) The royalty spat between the Queensland government and a major gas consortium has flared up, with a petroleum exploration company claiming big liquefied natural gas producers used transfer pricing to reduce their royalties bill.
The Tri-Star group of companies (Tri-Star) today applied to be joined as an interested party in Supreme Court proceedings by Australia Pacific LNG Pty Ltd (APLNG) regarding a recent Queensland Government decision on how to calculate royalty payments for coal seam gas (CSG) sold as liquefied natural gas (LNG) from APLNG’s LNG facility on Curtis Island, near Gladstone.
Tri-Star takes on LNG giants
The Australian Financial Review I By: Mark Ludlow I P9 (Copyright 2016 Fairfax Media Publications Pty. Limited All Rights Reserved) The royalty spat between the Queensland government and a major gas consortium has flared up, with a petroleum exploration company claiming big liquefied natural gas producers used transfer pricing to reduce their royalties bill.
Tri-Star applies to join APLNG CSG royalties review proceedings
The Tri-Star group of companies (Tri-Star) today applied to be joined as an interested party in Supreme Court proceedings by Australia Pacific LNG Pty Ltd (APLNG) regarding a recent Queensland Government decision on how to calculate royalty payments for coal seam gas (CSG) sold as liquefied natural gas (LNG) from APLNG’s LNG facility on Curtis Island, near Gladstone.