DOSSIER / ACTORCOMPANY · GAS
INPEX
Status Exposed
Japanese gas company with the Ichthys LNG project at Darwin: A$36bn of revenue over eleven years, under A$500m of tax, and no PRRT projected until the 2030s.
- Last on record
- 2026-07
- Named in
- 11 articles
- Across
- 2 cases
Named in 11 articles across 2 cases 25 connections: companies 11, lobbies 1, mechanisms 4, regulators and bodies 3, agencies and departments 2, parties and organisations 1, people 3
Key figure on file
A$1 billion+
Japan resells Australian gas for more than A$1 billion per year in profit. INPEX, a Japanese company, exports more gas each year than is used in New … Michael West Media / Australia Institute
Corporate income tax paid · 2023-24
A$0
Darwin's Ichthys LNG paid zero corporate tax for the sixth year running, and has never paid resource rent tax on its exported gas. ATO Corporate Tax Transparency 2023-24.
PRRT A$0
Fig. 01 / Where this name appears
Australia's Gas HeistA$1 billion+Japan resells Australian gas for more than A$1 billion per year in profit. INPEX, a Japanese company, exports more gas each year than is used in Ne…9 articles →The Inflation Rort22 articles →
Fig. 01Source: article scan · every article naming itAs of 2026‑07Auto-assembled
Fig. 02 / On the record
- A$1 billion+Japan resells Australian gas for more than A$1 billion per year in profit. INPEX, a Japanese company, exports more gas each year than is used in New South Wales, Victoria and South Australia combined, and has paid almost no Australian tax.Source: Michael West Media / Australia InstituteThe east coast gas cartel →
- INPEX A$0 PRRT and A$0 royalties; ConocoPhillips A$0 PRRT on A$17 billionThe report records that INPEX paid A$0 PRRT, A$0 royalties and A$484 million company tax on A$81.3 billion of income, and that ConocoPhillips paid A$0 PRRT on A$17 billion of sales.Source: Committee report, 7 May 2026 (ATO transparency data)The inquiry that couldn't agree →
- A$36 billionin revenue over eleven years, with less than A$500 million in corporate income tax paid by INPEX’s Australian entitiesSource: ATO transparency data via Michael West MediaWe gave away the gas →
- A$36bn revenue, <A$500m taxINPEX’s Australian entities over eleven years: zero royalties, zero PRRT, zero royalties projected until at least 2030Source: Michael West Media, January 2026Who profits →
Fig. 02Source: figures on file for this name, each tied to the article it came fromAs of 2026‑07Auto-assembled
Fig. 03 / Named together
Fig. 03Source: article scan · articles naming bothAs of 2026‑07Auto-assembled
02 / Connected in the graph
Companies 11
ChevronCOMPANY · GAS · 10SantosCOMPANY · GAS · 8ShellCOMPANY · GAS · 8WoodsideCOMPANY · GAS · 8TransurbanCOMPANY · TOLL ROADS · 1QantasCOMPANY · AVIATION · 1ColesCOMPANY · SUPERMARKETS · 1WoolworthsCOMPANY · SUPERMARKETS · 1News CorpCOMPANY · MEDIA · 1NineCOMPANY · MEDIA · 1Seven West MediaCOMPANY · MEDIA · 1Lobbies 1
Australian Banking AssociationLOBBY · BANKING INDUSTRY GROUP · 2Mechanisms 4
The PRRTMECHANISM · TAX · 11The Revolving DoorMECHANISM · 5Offshore DecommissioningMECHANISM · LIABILITY · 4Regulatory CaptureMECHANISM · 1Regulators & bodies 3
The ACCCFEDERAL REGULATOR · 4The RBAFEDERAL REGULATOR · 2NOPSEMAFEDERAL REGULATOR · 1Agencies & departments 2
The ATOACTOR · AGENCY · 3PM&CACTOR · DEPARTMENT · 2Parties & organisations 1
One NationPOLITICAL PARTY · 1People 3
Anthony AlbanesePERSON · POLITICIAN · 4Jim ChalmersPERSON · TREASURER · 2Kerry StokesPERSON · MAGNATE · 203 / The evidence chain
Australia's Gas Heist
01We gave away the gasAUSTRALIA'S GAS HEIST · 03What Norway builtAUSTRALIA'S GAS HEIST · 04Who profitsAUSTRALIA'S GAS HEIST · 05The political connectionsAUSTRALIA'S GAS HEIST · 07Why nothing changesAUSTRALIA'S GAS HEIST · 08What the media covers and howAUSTRALIA'S GAS HEIST · 10The east coast gas cartelAUSTRALIA'S GAS HEIST · 11Gas and climate: the final rortAUSTRALIA'S GAS HEIST: FINAL · 13The inquiry that couldn't agreeAUSTRALIA'S GAS HEIST · The Inflation Rort
03Why the RBA did all the workTHE INFLATION RORT · 07The political connectionsTHE INFLATION RORT ·