{"id":13438,"date":"2017-10-12T00:00:00","date_gmt":"2017-10-12T00:00:00","guid":{"rendered":"https:\/\/cms.fiveaa.com.au\/uncategorized\/treasurer-explodes-over-500-million-south-aussie-snub\/"},"modified":"2017-10-12T00:00:00","modified_gmt":"2017-10-12T00:00:00","slug":"treasurer-explodes-over-500-million-south-aussie-snub","status":"publish","type":"post","link":"https:\/\/cms.fiveaa.com.au\/news\/treasurer-explodes-over-500-million-south-aussie-snub\/","title":{"rendered":"Treasurer Explodes Over $500 Million South Aussie Snub"},"content":{"rendered":"<h3>State Treasurer Tom Koutsantonis slams Chevron\u2019s decision to pull out of its $500 million plan to drill in the Great Australian Bight.<\/h3>\n<blockquote><p>\u201cChevron\u2019s decision is extremely disappointing,\u201d Mr Koutsantonis has told The Advertiser. \u201cWhat they have announced today is that they have spent the last five years wasting everybody\u2019s time.\u201d<\/p>\n<p>\u201cThis has nothing to do with the prospectivity of The Bight and everything to do with internal competition for finance within Chevron.<\/p>\n<p>\u201cThe Bight basin remains a prospective oil frontier for companies with the vision to explore this untapped region.<\/p>\n<p>\u201cChevron won these blocks as part of a competitive process and we\u2019ll be discussing all options with the Commonwealth Government about the steps required by Chevron to make good on its commitment and repair the damage done to their social licence to operate in this country.\u201d<\/p>\n<\/blockquote>\n\n<iframe loading=\"lazy\" src=\"https:\/\/www.facebook.com\/plugins\/post.php?href=https%3A%2F%2Fwww.facebook.com%2Ftheadvertiser%2Fposts%2F10155074422736947&#038;width=500\" width=\"500\" height=\"504\" style=\"border:none;overflow:hidden\" scrolling=\"no\" frameborder=\"0\" allowTransparency=\"true\"><\/iframe>&#13;\n&#13;\n<h3>MOST POPULAR<\/h3>&#13;\n&#13;\n<p><a href=\"https:\/\/cms.fiveaa.com.au\/sport\/Mark-Robinson-Has-Launched-An-Explosive-Attack-On-Taylor-Walker\"><strong>MARK ROBINSON HAS LAUNCHED AN EXPLOSIVE ATTACK ON TAYLOR WALKER<\/strong><\/a><\/p>&#13;\n&#13;\n<p><a href=\"https:\/\/cms.fiveaa.com.au\/sport\/Bryce-Gibbs-Is-Suddenly-Being-Linked-To-Adelaide-FC-Again\"><strong>BRYCE GIBBS IS SUDDENLY BEING LINKED TO ADELAIDE AGAIN<\/strong><\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>State Treasurer Tom Koutsantonis slams Chevron\u2019s decision to pull out of its $500 million plan to drill in the Great Australian Bight. \u201cChevron\u2019s decision is extremely disappointing,\u201d Mr Koutsantonis has told The Advertiser. \u201cWhat they have announced today is that they have spent the last five years wasting everybody\u2019s time.\u201d \u201cThis has nothing to do [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":7780,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[144],"tags":[],"geo_market":[],"class_list":["post-13438","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.3 (Yoast SEO v27.3) - 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