{"id":478387,"date":"2022-03-24T15:24:28","date_gmt":"2022-03-24T09:54:28","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=478387"},"modified":"2022-03-24T15:24:28","modified_gmt":"2022-03-24T09:54:28","slug":"indigenous-australians-ask-seoul-court-to-stop-loans-to-3-6-bn-gas-project","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indigenous-australians-ask-seoul-court-to-stop-loans-to-3-6-bn-gas-project\/","title":{"rendered":"Indigenous Australians ask Seoul court to stop loans to $3.6 bn gas project"},"content":{"rendered":"<p>A group of Indigenous Australians has gone to court in South Korea seeking to block the country&#8217;s export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia.<\/p>\n<p>People from the Tiwi Islands and Larrakia Traditional Owners are seeking an injunction from the Seoul Central District Court to block the Export-Import Bank of Korea (KEXIM) and the Korea Trade Insurance Corp (K-Sure) from providing loans.<\/p>\n<p>They say they were not properly consulted on the project and a planned pipeline will threaten turtles, dugongs and other sea life which the islanders depend on. &#8220;By taking the South Korean Government to court to stop this gas project, we are protecting our family and our land,&#8221; Tiwi Traditional Owner Daniel Munkara, one of the plaintiffs in the case, said in a statement.<\/p>\n<p>If the loans and loan guarantees potentially worth around $700 million are blocked, that could delay the project, the groups said. K-Sure declined to comment on whether it was planning to provide finance for the Barossa project but said it &#8220;supports projects only in line with international environmental standards&#8221;.<\/p>\n<p>KEXIM had no immediate comment.<\/p>\n<p>The Barossa project, due to start producing gas in 2025, calls for the construction of a roughly 260 kilometre (162-mile) pipeline that will connect offshore gas facilities to an existing pipeline that runs to Darwin.<\/p>\n<p>The project is led by Australia&#8217;s Santos Ltd and partners include South Korean energy company SK E&amp;S. Santos declined to comment on the legal action but said the Barossa project has all the necessary approvals in place.<\/p>\n<p>&#8220;As is the case for all of our projects, we undertake consultation with all key stakeholders where they receive detailed information about the project,&#8221; a Santos spokesperson said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A group of Indigenous Australians has gone to court in South Korea seeking to block the country&#8217;s export credit agencies from funding a deep-sea gas pipeline for the $3.6 billion Barossa gas project off northern Australia. People from the Tiwi Islands and Larrakia Traditional Owners are seeking an injunction from the Seoul Central District Court to block the Export-Import Bank of Korea (KEXIM) and the Korea Trade Insurance Corp (K-Sure) from providing loans. They say they were not properly consulted on the project and a planned pipeline will threaten turtles, dugongs and other sea life which the islanders depend on. [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[133],"tags":[],"class_list":["post-478387","post","type-post","status-publish","format-standard","hentry","category-oil-gas"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478387","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=478387"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/478387\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=478387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=478387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=478387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}