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ATO Depreciation Rates 2021 • Pump. Oil and gas extraction: Assets used to manufacture condensate, crude oil, domestic gas, liquid natural gas (LNG) or liquid petroleum gas (LPG) but not if the manufacture occurs in an oil refinery: Fractionation train assets (including air coolers, columns, compressors, heat exchangers, piping and pump s) 30 years: 6.67%: 3.33%: 1 Jul 2002
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