Nigerian government takes more in oil and gas revenue than Australia, analysis shows

By Heath Aston
Updated November 22 2016 - 1:23am, first published 12:00am
Australia is set to overtake Qatar as the world's biggest exporter of LNG by 2020. Photo: Supplied
Australia is set to overtake Qatar as the world's biggest exporter of LNG by 2020. Photo: Supplied

The governments of Nigeria, Indonesia and Malaysia - Australia's competitors in the oil and gas export sector - extract twice as much tax revenue from petroleum companies as a proportion of production than the federal and state governments combined.

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