November 24, 2021
A recent media statement from APPEA noted an affirmative final investment decision (FID) has been made on Woodside and BHP’s Scarborough gas project and signifies a $27 billion investment in the local gas industry.
APPEA outlined, “Scarborough will provide a reliable, affordable source of energy that will bring a great deal of investment to the Pilbara region, including supporting local businesses and manufacturers.”
“In addition, the project will also deliver significant long-term benefits to the Australian economy, generating over $19 billion in total taxation payments and boosting Australia’s gross domestic product by $125 billion to 2063, 98% of which will come from WA.”
Learn more https://www.appea.com.au/all_news/scarborough-fid-a-major-boost-for-wa-gas-industry/