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    PNG Gas could blow up in our faces


    Tuesday, May 11, 2010

    Despite plenty of warning signs, Australia has helped fund Exxon's massive natural gas project in PNG. Following SBS Dateline's story on 9 May, Jubilee Policy Coordinator Luke Fletcher wrote for New Matilda about implications for Australian taxpayers.

    "The Dateline report did a very good job cataloguing concerns about the problematic aspects of the project (more of which below). However, it gave little attention to one detail about the PNG LNG which is critical to Australians: namely, that we are all investors. This part of the story needs further explanation and analysis, because it raises some important questions about the generally secretive nature of some aspects of government trade policy, and about the conflicts of interest that arise for Australia when it spruiks sustainable development in a former colony that is also its largest aid recipient."

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