Article 5782T Santos’ claim Narrabri CSG development will lower prices misrepresents government evidence, thinktank says

Santos’ claim Narrabri CSG development will lower prices misrepresents government evidence, thinktank says

by
Adam Morton Environment editor
from on (#5782T)

Energy giant denies accusation and says its submission to public hearing was made in good faith

Energy giant Santos' claim that its proposed coal seam gas development at Narrabri would lower gas prices misrepresents the evidence presented by government authorities, a thinktank analysis has found.

A last-minute submission by Santos to the state independent planning commission said gas from the $3.6bn development in north-west New South Wales would be cheaper than had been estimated, lead to a reduction in gas prices in the state and greater economic and employment benefits than previously believed.

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