On Tuesday 22 February 2011, 13:48 The Federal Government has granted Origin Energy environmental approval for its coal seam gas (CSG) joint venture with Conoco Phillips north of Gladstone in central Queensland.
Federal Environment Minister Tony Burke says the project will not cause an unacceptable impact.
It includes the gradual development of the gas field over 30 years, a 450-kilometre transmission pipeline and a liquefied natural gas (LNG) facility on Curtis Island.
Meanwhile, the CSG industry says it is happy to be subjected to rigorous regulation and public scrutiny.
Australian Petroleum Production and Exploration Association spokesman Ross Dunn says media attention is good for the industry.
"The industry's always concerned about public perception," he said.
"We want to make sure that things we do are subject to public scrutiny, that our performance is at a level where the public are comfortable with us and that the industry is operating in a transparent manner."
Cheers Mattocks
I have been painting today, dont knows whats faster, the paint drying or the share price moving back. by the way the shorts were 2.47% yesterday on that volume.
