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The Guardian - AU
The Guardian - AU
National
Ben Butler

Origin to push on with Beetaloo Basin plan, saying it didn’t breach sanctions against Russian oligarch

Australia in March slapped sanctions on Russian businessman Viktor Vekselberg, who has a stake in Origin Energy’s Beetaloo Basin gas project.
Australia in March slapped sanctions on Russian businessman Viktor Vekselberg (pictured), who has a stake in Origin Energy’s Beetaloo Basin gas project. Photograph: Olga Maltseva/AFP/Getty Images

Origin Energy says it will push ahead with gas exploration in the Beetaloo Basin after the Australian government cleared it of breaching sanctions against Russian oligarch Viktor Vekselberg, who has a stake in the project.

The energy company’s position contrasts with that of miner Rio Tinto, which last week said that due to Australian and overseas sanctions it had taken full control of alumina refinery Queensland Alumina Limited, where another sanctioned oligarch, Oleg Deripaska, holds an interest.

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