Coalition of Australian Oil and Gas Giants Face $52.9 Billion Decommission

Coalition of Australian Oil and Gas Giants Face $52.9 Billion Decommission
Woodside's North West Shelf Gas Venture near Karratha in the north of Western Australia on Jun. 17, 2008. Greg Wood/AFP via Getty Images
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The ageing offshore oil and gas monuments stood proud over the vast Australian coast, where they played their part in powering the nation—now, they face a destiny of destruction.

The Centre of Decommissioning Australia (CODA) announced on March 10 that it had set a target that will see the expensive oil and gas infrastructure removed over a 50-year process, in an effort to reduce the sizable $52.9 billion (USD $40.5 billion) price tag.

Daniel Khmelev
Daniel Khmelev
Author
Daniel Khmelev is an Australian reporter based in Perth covering energy, tech, and politics.
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