❓ Hon. Sophie McNeill questions the Treasurer on LNG royalties collected from Chevron and Woodside over the past three financial years. Hon. Samantha Rowe provides a breakdown of royalties received from North West Shelf grants, crude oil excise compensation, and onshore petroleum.
AnsweredQoN 38Legislative Council
QuestionView source ↗
LNG royalties38.Hon Sophie McNeillto theparliamentary
secretary representing the Treasurer:Noting that fossil
fuel giants Chevron and Woodside have made billions of dollars in profits from
exporting Western Australian LNG in the past three years, could the minister
please provide an update on the royalties that the WA Government has collected
from the LNG industry in the 2022–23, 2023–24 and 2024–25
financial years?
secretary representing the Treasurer:Noting that fossil
fuel giants Chevron and Woodside have made billions of dollars in profits from
exporting Western Australian LNG in the past three years, could the minister
please provide an update on the royalties that the WA Government has collected
from the LNG industry in the 2022–23, 2023–24 and 2024–25
financial years?
AnswerView source ↗
Answered
25 February 2026
Response time
0 days
Hon Samantha Rowe replied:I thank the
honourable member for some notice of the question and provide the following
answer on behalf of the Treasurer.In 2022–23, North
West Shelf grants was $1,366 million, compensation for the crude oil excise
arrangement was $116 million, and the onshore petroleum state component was $16
million. In 2023–24, NWS grants was $694 million, compensation for the
crude oil excise arrangement was $34 million, and the onshore petroleum state
component was $22 million. In 2024–25, NWS grants was $612 million, compensation
for the crude oil excise arrangement was $30 million, and the onshore petroleum
state component was $18 million.
LNG royalties
honourable member for some notice of the question and provide the following
answer on behalf of the Treasurer.In 2022–23, North
West Shelf grants was $1,366 million, compensation for the crude oil excise
arrangement was $116 million, and the onshore petroleum state component was $16
million. In 2023–24, NWS grants was $694 million, compensation for the
crude oil excise arrangement was $34 million, and the onshore petroleum state
component was $22 million. In 2024–25, NWS grants was $612 million, compensation
for the crude oil excise arrangement was $30 million, and the onshore petroleum
state component was $18 million.
LNG royalties
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