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Beetaloo gas developer targets production in 2024 after NT ruling

Empire Energy, one of three gas developers seeking to begin production in the resource-rich Beetaloo Basin, said it has the support of traditional landowners and is targeting construction on a proposed facility within months, after the Northern Territory approved fracking.

The NT government on Wednesday said it would allow fracking in the Beetaloo Basin, a decision the country’s oil and gas industry said would aid Australia’s $2 trillion economy and improve energy security.

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Colin Packham is an energy and resources reporter at The Australian Financial Review Connect with Colin on Twitter.

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    Original URL: https://www.afr.com/companies/energy/beetaloo-gas-developer-targets-production-in-2024-after-nt-ruling-20230504-p5d5ln