NT fracking inquiry must consider benefits of gas development

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14 August 17, 1:55pm Santos-ENGIE South Australian gas supply deal is latest demonstration of gas industry commitment to domestic market https://t.co/ZPEfyOYPcQ
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by APPEALtd
11 August 17, 2:56pm LNG export controls would jeopardise the future investment that is needed to maintain gas supply. #auspol https://t.co/YoXidSQXkS
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by APPEALtd
11 August 17, 2:29pm QLD LNG industry has delivered large-scale development of #CSG. Making big contribution to economy & energy security https://t.co/YoXidSQXkS
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by APPEALtd
4 August 17, 3:42pm LNG exports to surge over next 2 years. Expected to contribute almost ½ percentage point to annual GDP growth: RBA https://t.co/f7hCoofnbu
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by APPEALtd

The proposed inquiry into hydraulic fracturing in the Northern Territory must consider the public benefits to Territorians of natural gas development.

The new Northern Territory Government has had a clear policy of imposing a moratorium on the use of hydraulic fracturing to develop the Territory’s onshore unconventional gas resources.

APPEA has argued against the moratorium, but is pleased that the Government is moving quickly to establish the framework for the review of the policy and has already released draft terms of reference.

APPEA’s Director for the Northern Territory Matthew Doman said the industry would take time to review the draft terms of reference, but would support the inquiry and collaborate with it to ensure that information considered was factual, complete and relevant to proposed development in the NT.

“We acknowledge the new Government’s policy reflects concern in the community over the industry’s impacts – all too often stirred up by the false and exaggerated claims of opponents,” Mr Doman said.

“Every reputable study confirms that, properly regulated, our industry is safe. We understand that many people are uncertain about the industry, largely because of activists’ fear campaigns. The industry is working with pastoralists, Traditional Owners and the wider community to address these concerns.”

“It is important that the inquiry considers the public benefits to Territorians of natural gas development. These benefits include employment and training opportunities in regional communities, improved infrastructure and services, and direct benefits to the Traditional Owners and landholders who host development on their land.”

APPEA and its members seeking to develop the Territory’s resources will work with Government and inquiry panel to enable the review of the policy to be completed on a timely basis.