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Gas explorers blast Victoria’s fracking ban

Natural gas explorers in Victoria have slammed a sudden moratorium on the controversial hydraulic fracturing process, saying it will set back a bid to stop prices doubling in the eastern states.

Angela Macdonald-Smith | Mathew Dunckley
Updated

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Natural gas explorers in Victoria have slammed a sudden moratorium that the state government has slapped on the controversial hydraulic fracturing process.

They say it will damage the industry and set back the search for gas to head off a forecast doubling of prices in the eastern states.

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Angela Macdonald-Smith writes on the resources industry with a focus on energy, including gas, oil, electricity and renewables. Connect with Angela on Twitter. Email Angela at amacdonald-smith@afr.com
Mathew Dunckley is deputy editor and investigations editor at The Age. He was previously digital editor at the Age, national business editor for The Sydney Morning Herald and The Age and Melbourne bureau chief for the Australian Financial Review. Connect with Mathew on Facebook and Twitter.

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    Original URL: https://www.afr.com/companies/energy/gas-explorers-blast-victoria-s-fracking-ban-20120824-j1y3j