Genesis to pay $53m carbon liability after arbitration with Beach Energy
Decision hits FY21 earnings guidance, now $358m.
NBR Staff Mon, 02 Aug 2021
Genesis Energy will have to bear the $53 million cost of carbon liability under the terms of a gas supply agreement with Kupe gas field joint venture partner Beach Energy.
The dispute between dual-listed, 51% government-owned Genesis and ASX-listed Beach went to arbitration over whether the
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