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Gina Rinehart-backed Lakes Oil loses bid to have Victorian fracking ban overturned

21.09.2018
Příroda
The Victorian company had planned to explore for conventional gas as well as coal seam gasA company part-owned by Australian mining magnate Gina Rinehart has failed to have the Victorian government's fracking ban overturned or to be awarded $2.7bn in damages.Between 2002 and 2013 two subsidiaries of Lakes Oil, of which Rinehart is the second-largest shareholder, obtained four exploration permits and two retention leases under Victoria's Petroleum Act 1998. A retention lease grants the right to any petroleum discovered during the permit period. Continue reading...
Zdroj: The Guardian

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