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PESA NSW September 2019 Technical Lunch
Tuesday, 10 September, 2019 @ 12:00 pm - 2:00 pmFree
PESA NSW Technical Lunch Tuesday 10th September 2019
NT Scientific Inquiry into Hydraulic Fracturing – How onerous are the final recommendations?
Bill Vlahovic, Geoscientist/Petroleum Exploration Management Consultant – VGC Pty Ltd
Date & Time:
Tuesday 10th September, 12pm for a 12:30pm start.
PESA Members: $55.00
Graduate Members: $40.00
PESA Students Members: $10.00
Members must log on to the PESA website to see the member prices
Castlereagh Boutique Hotel, 169 Castlereagh St, Sydney, NSW
Bookings close Thursday 5th September for venue and catering purposes.
The Northern Territory Government’s fracking moratorium has been lifted. But 49% of the Northern Territory’s landmass will be covered by “no go zones” and will remain off-limits to gas companies. The Government endorsed all 135 of the recommendations made by the scientific inquiry into hydraulic fracturing and has allocated $5.33 million over three years to put the recommendations in place. The recommendations include that the Government introduce a charge for water for all onshore shale gas activities, that gas companies pay for maintenance for roads used by gas projects and that the Government enact a compensation scheme for pastoral lessees. The no go zones will cover areas of environmental, agricultural and cultural significance, as well as indigenous protected areas, national parks, towns and residential areas and places with significance to the tourism industry. Its expected exploration will begin in the dry this year. But before production approvals are granted, strategic regional environmental and baseline assessments must be conducted. Those assessments are expected to take about three years to complete. The report recommended Territory and Commonwealth governments seek to ensure there is no net increase in greenhouse gas emissions caused by a Territory shale gas industry. Gas companies are ready to spend billions in the Territory. Industry want to begin exploration this year and businesses, contractors and workers in the Territory are counting on the quick ramp up of the gas industry to get the Territory moving again. Explorers are ready to resume their activities now the green light has been given, but just how onerous are the endorsed recommendations?