Santos mothballs Pilliga CSG project CSG miner Santos has admitted it will be ‘the back-end of the decade’ before it actions its controversial project in the Pilliga State Forest, despite an agreement it signed with the state government last February to fast-track it. The company is desperately seeking partners to help it exploit the increasingly uncompetitive deposit as plummeting oil prices put pressure on unconventional mining of fossil fuels. In February 2014, the NSW Government signed an MOU with Santos declaring the Narrabri gas project a ‘Strategic Energy Project’. The MOU included a timeline in which Santos were due to lodge their Environmental Impact Statement (EIS) on 30 June 2014, and the final planning determination was to be made today (23 January 2015). Santos have still not lodged their EIS and the final determination date has now passed. ... more at link ... echo.net.au/2015/01/santos-mothballs-pilliga-project/
Posted on: Fri, 23 Jan 2015 01:34:11 +0000
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