Arrow announces climate change driven $500M write down

ARROW Energy has again written down the value of its onshore Queensland holdings by another $500 million, taking the full write down to $10 billion over 12 years. 

Arrow announces climate change driven $500M write down Arrow announces climate change driven $500M write down Arrow announces climate change driven $500M write down Arrow announces climate change driven $500M write down Arrow announces climate change driven $500M write down
The company signed off on the Surat Gas Project around two years ago. It was one of the few sanctions of 2020 and is designed to keep the Queensland Curtis LNG facility full.