Energy giant Woodside signed off on a deal with traditional Aboriginal landowners Thursday allowing the development of a massive Aus$30 billion (US$32 billion) gas export project in Western Australia. The agreement, between the Australian company and the Goolarabooloo Jabirr Jabirr Aboriginal people, secures the land needed to build the Browse Basin gas export project north of Broome in the Kimberley region. Under the agreement, which resolves two years of negotiations, more than $1.0 billion will flow to indigenous communities in the area over 30 years in the form of housing, education and funds to address social issues. It \"also recognises the importance of the area to the Goolarabooloo Jabirr Jabirr native title claimants and underscores Woodside’s commitment to an environmentally, socially and culturally responsible development,\" Woodside said. Western Australia Premier Colin Barnett called it the most significant act of self-determination by an Aboriginal group in Australian history. \"Establishing the LNG precinct will boost economic growth in Western Australia and significantly improve the lives of Aboriginal people in the Kimberley,\" he told reporters. \"For the first time in a native title agreement, benefits will not only go to the affected native title group, but also be directed to indigenous people of the Dampier Peninsula and the wider Kimberley region.\"
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrelMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor