DOSSIER / MECHANISMMECHANISM · LIABILITY
Offshore Decommissioning
Status Looming liability
The multi-billion-dollar job of removing Australia's offshore gas infrastructure. Tax-deductible, left under-secured, and, when an operator fails, a bill the public backstops.
- Last on record
- 2026-08
- Named in
- 8 articles
- Across
- 1 case
Named in 8 articles across 1 case 16 connections: companies 8, mechanisms 3, regulators and bodies 1, agencies and departments 2, people 2
Key figure on file
A$60–66 billion
Estimated decommissioning liability for Australia’s offshore gas sector. Analysts estimate taxpayers could face 60 to 70 per cent of that cost. Industry estimates
Fig. 01 / Where this name appears
Fig. 01Source: article scan · every article naming itAs of 2026‑08Auto-assembled
Fig. 02 / On the record
- A$60–66 billionEstimated decommissioning liability for Australia’s offshore gas sector. Analysts estimate taxpayers could face 60 to 70 per cent of that cost.Source: Industry estimatesBeer, HECS, and the broken tax →
- Dismissed 7 August 2026On 7 August 2026 the Federal Court dismissed The Wilderness Society v NOPSEMA (NSD1342/2025, Justice Abraham, heard 7 April 2026) and ordered the applicant to pay both respondents' costs. The reasons, [2026] FCA 1082, hold that section 571(2) and regulation 16 "focus on the petroleum activity the subject of the environment plan", and that "decommissioning costs did not fall within the financial assurance provisions for the purposes of deciding whether to accept the Reindeer EP".Source: Wilderness Society Ltd v NOPSEMA [2026] FCA 1082 at [100], [104] and [106]The A$60 billion boomerang: who cleans up the offshore rigs when the gas money is gone →
- Up to 58% government shareIEEFA modelling finds that through refundable PRRT closing-down credits and income-tax deductions, the government's effective share of some offshore projects' decommissioning costs could reach around 58 per cent. This is a modelled estimate, not a payout recorded to date.Source: IEEFA / ACCR analysisThe A$60 billion boomerang: who cleans up the offshore rigs when the gas money is gone →
- A$1.5 billion downgrade over four yearsMYEFO 2025-26 cut projected PRRT revenue by A$1.5 billion over four years, in part due to an increase in credits for decommissioning expenditure.Source: MYEFO 2025-26, as recorded in the committee report, 7 May 2026The inquiry that couldn't agree →
- About A$60 billion clean-up billTitleholders are estimated to spend on the order of A$60 billion decommissioning offshore infrastructure over the next 30 to 50 years, the cost the growing PRRT credits are set against.Source: Australia's Offshore Resources Decommissioning Roadmap, industry.gov.auThe inquiry that couldn't agree →
- A$66.8bnInflation-adjusted decommissioning liability to 2070 for Australia’s offshore oil and gas sector. IEEFA found taxpayers could bear up to 58 per cent of such costsSource: Department of Industry, Science and Resources, November 2025; IEEFAWho profits →
Fig. 02Source: figures on file for this name, each tied to the article it came fromAs of 2026‑08Auto-assembled
Fig. 03 / Named together
Fig. 03Source: article scan · articles naming bothAs of 2026‑08Auto-assembled
02 / Connected in the graph
Companies 8
WoodsideCOMPANY · GAS · 6ChevronCOMPANY · GAS · 6SantosCOMPANY · GAS · 5ShellCOMPANY · GAS · 4INPEXCOMPANY · GAS · 4News CorpCOMPANY · MEDIA · 1NineCOMPANY · MEDIA · 1Seven West MediaCOMPANY · MEDIA · 1Mechanisms 3
The PRRTMECHANISM · TAX · 8The Revolving DoorMECHANISM · 2Regulatory CaptureMECHANISM · 1Regulators & bodies 1
NOPSEMAFEDERAL REGULATOR · 3Agencies & departments 2
The ATOACTOR · AGENCY · 4PM&CACTOR · DEPARTMENT · 1People 2
Anthony AlbanesePERSON · POLITICIAN · 4Kerry StokesPERSON · MAGNATE · 203 / The evidence chain
Australia's Gas Heist
02Beer, HECS, and the broken taxAUSTRALIA'S GAS HEIST · 04Who profitsAUSTRALIA'S GAS HEIST · 08What the media covers and howAUSTRALIA'S GAS HEIST · 09The decommissioning rortAUSTRALIA'S GAS HEIST · 11Gas and climate: the final rortAUSTRALIA'S GAS HEIST: FINAL · 12The A$60 billion boomerang: who cleans up the offshore rigs when the gas money is goneAUSTRALIA'S GAS HEIST · 13The inquiry that couldn't agreeAUSTRALIA'S GAS HEIST · 14The boom that paid Woodside backAUSTRALIA'S GAS HEIST ·