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1.96% 5.2¢ central petroleum limited

NT Govt Gives Fracking Ban Green Light

  1. OilGasPlanning
    242 Posts.
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    17/04/18
    07:11
    Post #: 32494705
    NT news reported this morning that this has already happened.

    ABC News

    https://www.sbs.com.au/news/nt-gas-fracking-ban-could-be-lifted

    "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."


    In simple terms this is good news and will probably increase the probability of a positive FID outcome for NGP2.

    It will be interesting to see what happens to Beetaloo.

    Best Regards

    NGP
    CTP Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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