Business
Beach Energy oblivious to gas ban exemption until WA Premier’s announcement – Sydney Morning Herald
A Beach Energy spokesman said while it had been discussing potentially exporting the Waistsia gas for two years, it was not aware of the ban until after the announcement.
Seven Group Holdings is the biggest shareholder of Beach and the share price jump increased the value of chairman Kerry Stokes’ stake in the company by about $65 million.
At a press conference on Tuesday, Mr McGowan refused to answer questions about whether he had discussed the Waitsia exemption with Mr Stokes or the chief executive of Seven Group Holdings, Ryan Stokes.
A Beach Energy spokesman said while it had been discussing potentially exporting the Waitsia gas for two years, it was not aw…
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