Canavan takes aim at ‘ridiculous’ gas exploration moratoriums

Federal Resources Minister Matt Canavan has committed to work with state and territory governments in an effort to lift “ridiculous” moratoriums on gas exploration. Speaking at the Australian Petroleum Production & Exploration Association (Appea) conference in Perth on Monday, Canavan said the federal government’s plans for gas supply in the constrained East Coast not only relied on a regulatory instrument like the Australian Domestic Gas Supply Mechanism, but also recognised the need for new supplies.