For projects like Barossa, Santos' partners will be looking very, very closely at whether they actually decide to proceed with this.
The ruling would influence investor confidence in the project, as well as others on the Australia's north-west shelf.
- LNG/gas analyst, Bruce Robertson, #IEEFA
Report by #ABC
https://www.abc.net.au/news/2022-12-04/nt-explainer-santos-federal-court-loss-barossa-gas/101730568
#news #oilandgas #gas #Australia #TO #Tiwi #santos #finance #investors #climate #climatechange #risk #renewableenergy #media #emissions #energy #mining #law
#IEEFA #abc #news #oilandgas #gas #australia #to #Tiwi #Santos #finance #investors #climate #climatechange #risk #renewableenergy #media #emissions #energy #mining #law
RT @miriamcosic@twitter.com
Thread
#Tiwi #Santos https://twitter.com/EDOLawyers/status/1598503313682870273
🐦🔗: https://twitter.com/miriamcosic/status/1598566485273690112
BREAKING - Massive gas project rejected by Federal court
Gas giant #Santos has LOST its bid to restart drilling at the A$4.7 billion #Barossa offshore gas project in Australia.
Santos previously described the Barossa project as the biggest oil and gas investment in Australia in a decade.
Today's decision sends a message to all gas companies.
Reporting by ABC: https://www.abc.net.au/news/2022-12-02/nt-santos-loses-appeal-barossa-tiwi-island/101726772
#climate #climatechange #gas #australia #japan #southkorea #korea #darwin #tiwi #media #news #breakingnews #energy #mining #exploration #ieefa
#Santos #Barossa #climate #climatechange #gas #australia #japan #southkorea #korea #darwin #Tiwi #media #news #breakingnews #energy #mining #exploration #IEEFA
RT @RND_de@twitter.com
In #Australien haben die Bewohnerinnen und Bewohner der einsam gelegenen #Tiwi-Inseln dem mächtigen Rohstoffkonzern #Santos einen Riegel vorgeschoben. https://www.rnd.de/panorama/australien-bewohner-der-tiwi-inseln-gewinnen-gegen-rohstoffkonzern-santos-keine-gasbohrung-AUX32PPOTNHM7JOBARTCFHOSYA.html