Santos Cleared to Resume Laying of Barossa Gas Pipeline
By Stuart Condie
SYDNEY--Santos can push ahead with its plan to lay a pipeline through a gas field off Australia's north coast after a court dismissed an attempt by indigenous inhabitants to hold up the project.
A judge at Australia's Federal Court on Monday said she was unconvinced by arguments that the pipeline would cause irreparable harm to submerged sites culturally important to inhabitants of the nearby Tiwi Islands.
The project had been held up since November when Tiwi Islander Simon Munkara secured an injunction delaying commencement.
Judge Nathalie Charlesworth on Monday said there was no need for Santos to revise and resubmit its environmental plan for the project.
"Evidence establishes nothing more than a negligible chance that there may be objects of archaeological value in the area of the pipeline route," Justice Charlesworth said.
Write to Stuart Condie at stuart.condie@wsj.com
(END) Dow Jones Newswires
January 14, 2024 21:12 ET (02:12 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
What’s the Difference Between the CPI and PCE Indexes?
-
Powell Unfazed By Sticky Inflation, but Rate Cuts Are Far Off
-
After Earnings, Is Microsoft Stock a Buy, a Sell, or Fairly Valued?
-
Best- and Worst-Performing Stocks of April 2024
-
Magnificent 7 Stocks Earnings Updates: AI Remains the Focus
-
Small-Cap and Value Stocks Are Undervalued
-
Why We Expect the Job Market’s Slowdown to Renew in 2024
-
5 Undervalued Stocks to Buy to Play a Little Defense
-
10 Top-Performing Dividend Stocks of the Month
-
Marathon Petroleum Earnings: No Change to Competitive Position, but Shares Look Expensive
-
Charlie Munger and How Not to Invest
-
Look Inside Berkshire Hathaway’s Portfolio Before Its Annual Meeting
-
After Earnings, Is AT&T Stock a Buy, a Sell, or Fairly Valued?
-
Mastercard Earnings: A Stable Environment Highlights the Firm’s Strengths
-
Pfizer Earnings: Solid Results Supported by Steady Tracking Toward $4 Billion In Cost Cuts
-
Starbucks Earnings: Not a Lot to Like About Results as Global Traffic Sputters