Friday, September 23

CSG May be Hit by Long Delays in Qld

QUEENSLAND'S $46 billion coal seam gas industry could be delayed by up to three years, with a huge increase in the number of wells needing to be drilled paving the way for heightened regulation of the industry.
A new report from respected ­Moelis energy analyst Gundi Royle says the potential for conflict, unresolved and irresolvable issues remains high and could lead to a slowdown in upstream drilling, leading to delays in hitting ambitious 2015 deadlines.


AFR

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