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What the Inpex decision means
2-October-08
Written by Mark Beyer
THERE was something almost surreal about events last Friday when Western Australia lost the country's single largest resources project as the rest of the world trembled over the fallout from the global financial crisis.
It says a lot about the very healthy state of the WA economy that we could lose a massive project such as the Ichthys gas project yet still have a positive economic outlook.
Most places around the world would have pulled out all stops to secure a project that involves capital spending of $US20 billion ($A24 billion) and will employ up to 2,000 workers at the peak of its four-year construction phase
Article continues...
2-October-08
Written by Mark Beyer
THERE was something almost surreal about events last Friday when Western Australia lost the country's single largest resources project as the rest of the world trembled over the fallout from the global financial crisis.
It says a lot about the very healthy state of the WA economy that we could lose a massive project such as the Ichthys gas project yet still have a positive economic outlook.
Most places around the world would have pulled out all stops to secure a project that involves capital spending of $US20 billion ($A24 billion) and will employ up to 2,000 workers at the peak of its four-year construction phase
Article continues...
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Harry Kleyn - Publisher
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