Gas producers will be permitted to continue work in Victoria after a prohibition that lasted for years will finally be reversed.
The Victorian Government is introducing new laws that lift an ongoing ban on gas exploration and instead permanently ban fracking and coal seam gas exploration under the state constitution. If the legislation is approved conventional gas activity will be allowed to resume from July 2021.
Three years lost
This decision came about three years after the Garden State declared a moratorium on onshore gas exploration and development back in the year 2017, and a detailed investigation led by the Victorian Gas Program.
The program found onshore conventional gas projects, particularly in the Otway Basin, would create more than 6400 jobs without affecting the state’s environmental and agricultural reputation. The moratorium was due to end on 30 June 2020.
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Multiple companies are soon expected to be awarded rights over blocks of land.
“We’re backing the science to create jobs, boost energy supply and support regional communities across the state,” State Premier Daniel Andrews said in a public statement.