Tuesday, August 4, 2009

The K.L.C. wants action on royalties

The Kimberley Land Council has urged the Venture Partners who are opposed to bringing gas onshore in the Kimberley to resolve their differences concerning the $30 Billion LNG gas project at Prices Point so that the promised $1.5 Billion in benefits such as jobs, housing and health care can be delivered to the Traditional owners. The K.L.C. is also seeking $1 Billion in separate royalties from the Federal Government to raise living standards of the local Aboriginal people. A quick resolution seems unlikely on both issues. (Based on an article by Andrew Burrell in the Financial Review - August 2009)

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