Just an edit to my previous post, it looks like that I missed the fact that JB has already given his formal notification to KP regarding JA decision ..
Petroleum exploration permit (PEP-11)
Published: 17 February 2021 Released by: Deputy Premier
Statement by the Deputy Premier, John Barilaro.
I have written to my federal counterpart, Keith Pitt, in my role as a member of the Commonwealth-New South Wales Offshore Petroleum Joint Authority, recommending that PEP-11 is not renewed. Mr Pitt formally wrote to me last week seeking my recommendation, and I want to acknowledge the representations made to me by my parliamentary colleagues, including the Members for Pittwater, Terrigal and Manly.I have listened to their views, and those of the people they represent – it confirms my own position to recommend that PEP-11 is not renewed.The Permit was issued under Commonwealth legislation, it covers Commonwealth waters, and the final decision will be a matter for the Commonwealth government.
This does not change my position / opinion regarding the likelihood of KP approving the permit extension :) (We know he will)!!
"We will work our way through the process, systematically and methodically, andI (meaning HIM) WILL MAKEA DECISION IN AUSTRALIAS NATIONAL INTEREST"!!! (Which as he has previously stated, is the expansion of gas production to help deliver a “gas-fired recovery)
BPH Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
(20min delay)
