Senate debates
Thursday, 4 September 2025
Committees
Economics References Committee; Reference
11:56 am
David Pocock (ACT, Independent) Share this | Link to this | Hansard source
I move:
That the following matter be referred to the Economics References Committee for inquiry and report by 9 December 2025:
The proposed takeover of Santos Limited by the XRG Consortium, with particular reference to:
(a) Australia's energy security and control over critical energy assets;
(b) the impact on domestic energy prices and the tension between exports and domestic supplies;
(c) the implications for the development of new gas fields;
(d) the impact on economic sovereignty, diplomatic relations and national security of a foreign government being a major holder of critical energy infrastructure;
(e) the impact on emissions and compliance with Australia's climate obligations;
(f) decommissioning liabilities of Santos' existing assets;
(g) the character of the bidders in the XRG Consortium, with regard to their internal governance and track records; and
(h) any other related matters.
Question negatived.