Well said
.
Following STO's successful appeal, the Fed. govt. has acknowledged there are problems with the current laws, which will now be urgently reviewed.
Apparently, the appropriate Federal Law changes will be made, to prevent woke, taxpayer-funded "lawfare" from continuing...& no more Aboriginals invoking the " upset Rainbow Serpent Spirit", & the "Crocodile Man Spirit"."Samantha McCulloch, chief executive of oil and gas lobby group Australian Energy Producers, said this latest round of litigation had been "very damaging for our reputation as a reliable LNG exporting nation".
"Japan is a particularly important customer for that gas," she said.
"Australia supplies around 40 per cent of Japan's LNG, and so we're a crucial trading partner."
Ms McCulloch said uncertainty around regulations "should be a major concern for the Australian government".
Federal Resources Minister Madeleine King said her office was working on amending the approvals process for offshore projects to clarify the requirements for consultation with local communities.
"We're doing that consultation right now," she said.
"There will have to be changes (my emphases) to those regulations, I expect, because keeping it the same means we still have that uncertainty" "
https://www.msn.com/en-au/money/markets/gas-sector-demands-regulatory-reform-following-santos-court-battle-with-elders-from-tiwi-islands/ar-AA1n5cZx?ocid=msedgdhp&pc=LCTS&cvid=827bcec9669f482f8cc3ebe0
It appears the Fed. Govt is fully aware that Australia's trading reputation is potentially (if "Lawfare" were to continue) being trashed; & that we have a crucial responsibility to be a reliable source of energy for our close allies, without interminable delays...oh, & that our fossil fuel resources provide us with our own Energy Security, & provide hundreds of billions of $ pa for Federal & State govt revenues!
The decision bodes very well for future STO exploration activities...& its SP.
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