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Commonwealth tips another $173 million into Beetaloo Basin gas reserve, insists emissions targets on track – ABC News

The Federal Government accelerates plans to develop the Beetaloo Basin in the Northern Territory, investing a further $173 million dollars into a gas reserve its…

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The Federal Government is accelerating plans to develop a major gas basin in the Northern Territory, investing a further $173 million dollars into the Beetaloo Basin shale gas reserve.
Key points:

  • The Government is aiming to unlock the Beetaloo Basin for gas production by 2025
  • It has now announced more than $200 million in recent investment into the basin
  • The investment comes despite concerns over the potential falling global demand for gas

The investment will fund road infrastructure in the region,…

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