Bloomberg: Australian Aboriginals Seek `Economic Partnerships’ in LNG
By Angela Macdonald-Smith
April 30 (Bloomberg) — Australian aboriginal groups will seek “economic partnerships” with ventures planning to develop liquefied natural gas projects in the far northeast, the head of a group representing indigenous communities in the region said.
Such alliances are the best way to ensure “responsible development” of the gas reserves in the Browse Basin, which could yield A$20 billion ($19 billion) a year in revenue for more than 50 years, Wayne Bergmann of the Kimberley Land Council said today in Canberra. The government needs to help ensure indigenous people benefit from the resources “boom,” he said.