Australia Weighs LNG Windfall Tax as World Faces Soaring Prices


Australia was the world’s third-largest LNG exporter last year, shipping nearly 80 million tons worth A$65 billion ($46 billion) in the year through June 2025, mainly to Japan, South Korea and China. The oil and gas industry paid about A$22 billion in taxes and royalties over 2024 to 2025, according to industry lobby, Australian Energy Producers.



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