Money NT gas fracking ban could be lifted

02:45  17 april  2018
02:45  17 april  2018 Source:   MSN

Fracking to resume in Northern Territory after moratorium lifted

  Fracking to resume in Northern Territory after moratorium lifted Gas exploration projects in the Northern Territory will recommence as early as next dry season, after the Labor Government announced the fracking moratorium will be lifted. Origin Energy is planning to complete its existing exploration permit commitments by drilling and fracture stimulating a further five wells in the Beetaloo Basin.General Manager Mark Schubert said testing prior to the moratorium indicated a "promising, material gas resource" in the area.© 9news Gas exploration projects could resume as early as next dry season.

recommendations, senior executives voiced optimism the government would act on the advice that risks from fracking can be reduced to an "acceptable" level Even if the moratorium is lifted , the NT may end up like NSW, which has no moratorium or ban on onshore gas but where the complexity and

The NT government could scrap the fracking ban by the end of the month. And the gas lobby is fighting hard to trample land rights and start drilling. Can you sign the petition to keep the NT 's fracking ban ?

The Northern Territory government could announce that it will lift a ban on the controversial practice of gas fracking as early as Tuesday.

The NT is divided over the issue, with environmental groups and scientists pressuring the Labor government to keep the moratorium due to impacts on water, land and public health.

But an independent report handed down last month found the risks associated with hydraulic fracturing of gas deposits could be managed and regulated.

Hundreds protest against Northern Territory Government's decision to lift fracking moratorium

  Hundreds protest against Northern Territory Government's decision to lift fracking moratorium The Northern Territory Government faces a backlash from protesters over its decision to lift a moratorium on fracking, with about 250 people gathering outside the Northern Territory Parliament yelling "shame, Gunner, shame".About 250 people gathered outside the Northern Territory Parliament to protest against the decision announced by Chief Minister Michael Gunner on Tuesday.

The NT hydraulic fracking inquiry has delivered a final report to the NT Government. that “the challenges and risks associated with any onshore shake gas industry in the NT can be package”, and said it was critical each one was implemented in full, if government decided to lift the ban .

Related Story: Climate scientists appeal for NT fracking ban to stay. Related Story: To frack or not The Northern Territory Government is expected to soon decide if it will lift a fracking moratorium and risks associated with any onshore shake gas industry in the NT can be appropriately managed".

Liberal Opposition Leader Gary Higgins said he believed the government would lift the ban because "the alternative just can't be contemplated" in relation to the territory's economy.

The NT economy and job numbers have slowed now that construction of the massive Inpex gas project has been completed.

The NT government's share of the GST will drop by $136 million in the next financial year on top of $269 million this year and it has a $1.3 billion budget deficit.

"When you talk about the potential of up to 18,000 jobs, it is very important," Mr Higgins told reporters.

"We've got to have something else to prop up the economy here, museums and car parks are not going to do that."

The 18,000 figure is based on Energy company Jemena saying last week it would provide up to 4,000 jobs expanding the Northern Gas Pipeline and submissions to the recently released inquiry.

The federal government has previously indicated it could try to penalise states with bans on gas exploration and development by cutting their GST.

Sydney lift Plate after win over Victory .
Sydney FC have capped their dominant A-League regular season with a 1-0 win over Melbourne Victory at Allianz Stadium.Sydney lifted the annual beyondblue Cup, thanks to striker Bobo's 27th goal of the season, as well as the Premier's Plate for the second-straight year at Allianz Stadium on Friday night.

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