Business
NSW planning commission approves Santos’s Narrabri gas field project – Sydney Morning Herald
NSW’s Independent Planning Commission has given its nod to the controversial $3.6 billion coal seam gasfield in northern NSW.
Shares of Santos fell after they emerged from an initial trading halt on Wednesday. In a statement to the stockmarket, the company said it welcomed the IPC’s approval and accepted the conditions. It would now work with the federal government to secure final approval under national biodiversity laws.
“Santos is excited about the prospect of developing the Narrabri Gas Project, a 100 per cent domestic gas project that can provide the lowest cost source of gas for NSW customers,” chief executive K…
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