Skip to content Soon after Julia Gillard became prime minister, the government replaced the Resource Super Profits Tax with the Minerals Resource Rent Tax on iron ore and coal, and a promise to extend the PRRT to all oil and gas projects. Both started on 1 July 2012.Source: Senate... Woodside’s Pluto LNG project in Western Australia began production at the end of April 2012. Between 2012 and 2019, eight new LNG projects came online, making Australia one of the world’s largest LNG exporters.Source: LNG Industry, Pluto LNG begins... As part of the deal that replaced the Resource Super Profits Tax with the Minerals Resource Rent Tax, the PRRT was extended from 1 July 2012 to all Australian oil and gas projects, offshore and onshore, including the North West Shelf and coal seam gas. Projects in the... 