Ferguson calls on NT govt to reconsider fracking stance

The Australian Petroleum Production & Exploration Association (Appea) has called on the Northern Territory government to reconsider its stance on hydraulic fracturing (fracking), saying an onshore gas industry in the region could deliver new sources of stable, long-term revenue for the Territory government. Speaking at the South East Asia Offshore and Onshore Conference, Appea chairperson Martin Ferguson said that natural gas generated more than 90% of the Northern Territory’s electricity, and that liquefied natural gas (LNG) was the region’s largest export.