06 September, 2018

Santos boss berates Federal Government for 'populist' approach to energy policy

Australia's gas industry has used its annual conference in Darwin to launch a scathing attack on the Federal Government.
The NT Government is now estimating the Beetaloo
 Basin contains 500 trillion cubic feet of gas — more
than double that initially modelled.
Santos has accused the Government of unfairly blaming the gas companies for the east coast gas crisis because they send most of their supplies offshore under export contracts.

The company's chief executive, Kevin Gallagher, told the South-East Asia Australia Offshore and Onshore Conference, potential limits on gas exports and bickering over energy policy were threatening the international investment needed to develop new projects


Read the story from ABC News by Jane Bardon - “Santos boss berates Federal Government for 'populist' approach to energy policy.”

(Despite the rhetoric, the only place for gas is in the ground - Robert McLean)

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