Australia’s peak oil and gas lobby group has warned the Federal Court’s move to quash regulatory approval of Woodside’s Scarborough gas seismic blasting plan could threaten gas supply and stifle investment.
But Australian Energy Producers chief executive Samantha McCulloch told 6PR Radio Perth the decision had far-reaching implications and demonstrated an increasing number of obstacles in the way of “critical” energy projects. “We have a significant logjam now, in terms of offshore [development] approvals and plans for decommissioning and carbon capture and storage projects vital to reducing emissions.
“Regulations which provide clarity and certainty for industry while maintaining consultation obligations are desperately needed,” she said.
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