CANBERRA: Revenue for the Australian government from Chevron Australia will be approaching $350 billion once the Gorgon LNG project is up and running.
“It will buy a lot of hospitals, it will purchase a lot of schools … there is a lot in it for Australia,” Chevron Australia managing director Roy Krzywosinski told a Senate hearing into corporate tax avoidance in Sydney.
Denying a series of allegations of dodgy tax arrangements by the international energy company, Mr Krzywosinski said the project, which employs 19,000 workers in Western Australia, is in the investment stage and that “not one dollar of revenue has so been raised” so far.
