Gas majors warn Australia against taxing LNG windfall profits

Gas majors including Shell and Chevron have warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as liquefied natural gas prices surge amid disruptions caused by the Iran war.

Gas majors warn Australia against taxing LNG windfall profits
Gas majors including Shell and Chevron have warned Australia against introducing a windfall tax on gas exporters, saying it would deter investment and undermine energy security as liquefied natural gas prices surge amid disruptions caused by the Iran war.