NT government deal to buy Beetaloo Basin gas from US company labelled ‘carbon bomb’

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Climate groups criticise nine-year agreement with Tamboran Resources, while chief minister says it will provide ‘competitively priced gas’ for the territory

The NT government has signed a deal to buy fracked gas from the Beetaloo basin with US company Tamboran Resources.The NT government has signed a deal to buy fracked gas from the Beetaloo basin with US company Tamboran Resources.government has signed a major deal to buy fracked gas from the Beetaloo basin south of Katherine a year after it gave the green light for production in the region.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup “Once Tamboran secures access to the necessary pipelines and receives all required permits and approvals, supply to the territory government becomes unconditional. “This is a disgraceful and risky deal that amounts to the NT government propping up the business case for a carbon bomb that will set the Northern Territory on a path towards climate collapse,” she said.

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منبع: FinancialReview - 🏆 2. / 90 ادامه مطلب »