INTERNATIONAL COAL NEWS

Hartcher to face the music

NEW South Wales Resources Minister Chris Hartcher will face an industry audience for the first ti...

James McGrath

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Aside from conversations with producers in the state including Santos and AGL Energy, the NSW government has yet to face a large industry gathering.

He will be speaking on March 4 on the strategic land use plan and associated regulation, which was set up last year.

He will also reportedly be speaking on what makes NSW a great state to invest in.

However, what is not known is how exactly the regulations will work.

As part of the recently announced rules, the NSW government will adopt a 2km exclusion zone between towns of more than 1000 people and CSG drilling activity.

The exclusion zone will cover future residential areas in Sydney’s northwest and southwest growth areas and sensitive industries such as wineries and horse studs. It will not be retroactive.

The state’s chief scientist and engineer Mary O’Kane will also undertake a review of CSG activities, with an initial report due to be handed down by July.

In rules agreed to by the NSW Cabinet, the industry will now be regulated by the Environmental Protection Agency, which will have the power to revoke licences should companies not adhere to environmental conditions.

Whether he will address it or not, industry will have an opportunity to ask Hartcher about the policy face to face.

Also part of the conference, representatives from other states will be on hand to sell their jurisdictions to oil and gas companies in the room.

There will also be a thorough examination of the future of shale in Australia, LNG pricing, along with individual company spotlights.

The event is running at the Sofitel Sydney Wentworth from March 4 to 6.

You can find more information on the event here.

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