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Financial Benefits
- Direct government tax revenue 2000-2018 from oil and gas export was about $493 Billion.
- Fossil fuel companies can triple the value of current exports, particularly by exporting LNG. This is the only significant short-term opportunity to increase government tax revenues.
- The Corridor will attract external investments to finance the massive construction needed. Up to $100 billion in new investment would immediately stimulate job growth and economic expansion.
- Countries such as Germany and Japan along with international investors will be invited to invest in return for long term supply agreements with the Federal Government.
- Corridor operations and Foundation’s profits will be paid for by a 5% transport levy.
