Australian Industry Minister Ed Husic preliminarily rejects Asset Energy's gas exploration project, PEP11, off the Hunter coast amidst opposition.

Australian Industry Minister Ed Husic has preliminarily rejected Asset Energy's gas exploration project, Petroleum Exploration Permit 11 (PEP11), off the Hunter coast, amidst strong community and political opposition. The project targets gas deposits 26 km off Lake Munmorah. Husic has invited Asset Energy to address concerns before a final decision. The NSW government has also introduced legislation banning offshore drilling, complicating the project's future.

September 18, 2024
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