Govt opens up gas grants for new supplies

The Turnbull government is now taking applications for a new grants program designed to boost onshore gas development and supplies for the domestic market.

Gas companies wanting to build new wells or infrastructure to bring more of the vital energy supply into the domestic market can now apply for taxpayer support under a new Turnbull government program.

Applications for the first round of the three-year gas acceleration program are open until February 13, with projects designed to speed up the delivery of new onshore supplies able to attract up to $6 million each.

These could include new technologies that boost the productivity of new or existing wells, building new exploration wells near existing gas infrastructure, or constructing new processing, storage and transport facilities.


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Source: AAP



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