Economic and Social Contribution of Ichthys LNG in the Northern Territory
Impact of higher oil price outlook
Highlights
High Price Outlook - Impact on Output (LHS) and Taxation Payments (RHS), $m
目
The economics of the Project is
highly sensitive to price
changes
$14bn
$3,500m
Base Case Direct
Base Case Indirect
Base Case Other NT taxes
Base Case - NT Payroll tax
High Case - Total
Base Case GST
$12bn
$3,000m
Base Case Personal income taxes
Under higher oil price outlook
(US$75), output is expected to
increase 35% to $10.7 billion
per annum between 2020 and
2030
$10bn
$8bn
Base Case Company tax
High Case - Total
$2,500m
$2,000m
Under the higher price outlook
(US$75), taxation payments are
$6bn
$1,500m
expected to increase by 61% to
total $11.5 billion per annum
between 2020 and 2030
ACIL ALLEN
$4bn
$2bn
$1,000m
$500m
$0bn
$0m
2020
2022
2024
2026
2028
2030
2020
2022
2024
2026
2028
2030View entire presentation