Capertee Valley Alliance Inc.
30 March, 2014
CSG licences in crosshairs
THE NSW government has clamped down on “two dollar” gas companies and lax licensing rules in response to community angst over the industry’s rapid expansion.
Resources and Energy Minister Anthony Roberts has frozen all new Petroleum Exploration Licence Applications for a period of six months.
In the interim, the government will audit the new and existing applications, and the approval system.
Licence holders will be asked to justify why their licence shouldn’t be cancelled.
Application fees have also been raised from $1000 to $50,000.
to read the full story
source - The Land 27th March 2014
Share to Twitter
Share to Facebook
Share to Pinterest
Coal Seam Gas (CSG)
Post a Comment
Post Comments (Atom)