Santos says it won’t ‘exert any effort’ on Narrabri gas project while it focuses on Beetaloo Basin
Santos CEO Kevin Gallagher has informed investors that the company is deprioritizing its Narrabri gas project to focus on expansion in the Beetaloo Basin. The announcement has led to calls from opponents for the company to officially cancel the controversial project.
Why it matters
The decision reflects shifting corporate priorities in the energy sector and highlights the ongoing tension between industrial development and environmental opposition.
After CEO’s comments to investors, opponents urge miner to ‘stop stringing everybody along and spike the project finally’ Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Santos chief executive, Kevin Gallagher, has told an investor briefing the company will not be “exerting any effort” on its Narrabri gas project while it awaits outstanding approvals, prompting fresh questions about the future of the controversial development. Gallagher told investors this week the company was prioritising exploration in the Northern Territory’s Beetaloo Basin, where it is pursuing an expansion . Continue reading...
The article balances the company's strategic business update with the perspectives of project opponents.
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