Japan pays less for OZ gas because we have no Reserve Resource Policy

Bob-Katter-006

Bob Katter

KAP member for Kennedy isn’t surprised by today’s reports that Australian gas is 40 per cent cheaper in Japan than in Australia, despite export costs.

Mr Katter said “Our mineral processing industries in Australia now are under very serious threat. They have announced twice the closure of the copper refinery in Townsville, we have the Qld nickel plant closed, and in Mount Isa they’ve closed a lot of refineries, why? Because they cannot afford the gas!

“It is the major expense in fertiliser productions. So all farming is at a huge disadvantage on the world stage. Every country on earth has a Reserve Resource Policy. Every fertiliser plant on earth buys gas for under $4 a gigajoule. We have to buy at world market prices at $14 a gigajoule. So how can we have a fertiliser plant in Australia? Well the fact is we can’t.

“We have 6,000 –7,000 people employed in fertiliser plants, 2000 of them are  effectively in Mount Isa. How can we continue to pay $14 a gigajoule when every other competitor nation is paying $3 a gigajoule?

“Previously in Qld, we had the cheapest electricity in the world because we had a Reserve Resource Policy. One or two per cent of all coal in Qld we took for free. So we had the cheapest electricity in the world and that’s how we secured the aluminium industry. Now, we have only the second most expensive electricity in the world and I think it’s only a matter of time before we say, ‘bye-bye aluminium industry’.

“Do the State or Federal Governments intend on having a Reserve Resource Policy? No, not the slightest intension. They are interested in looking after the interests of every other country on earth and being big heroes as ‘free marketeers’ at the expense of their own people. Western Australia by the way, still has a Reserve Resource Policy.

“The gas industry is worth nothing to the Australian economy. The gas industry of Australia is 90 per cent foreign owned. The money comes in, we sell the gas, and then the money just boomerangs back out again. It’s not like the coal, copper or iron ore industry with massive employment.”

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About Editor, cairnsnews

One of the few patriots left who understand the system and how it has been totally subverted under every citizen's nose. If we can help to turn it around we will otherwise our children will have nothing. Our investigations show there is no 'government' of the people for the people of Australia. The removal of the Crown from Australian Parliaments, followed by the incorporation of Parliaments aided by the Australia Act 1987 has left us with corporate government with policies not laws, that apply only to members of political parties and the public service. There is no law, other than the Common Law. This fact will be borne out in the near future as numerous legal challenges in place now, come to a head this year.

Posted on August 19, 2016, in Agenda 2030, agenda21, International Treaties, Katters Australia Party, mining industry, New World Order and tagged , , , . Bookmark the permalink. Leave a comment.

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