Eastern Star to sell to Santos (7pm TV News NSW)
Coal seam gas company Eastern Star Gas has been sold to mining firm Santos, the same company that's currently being blockaded by farmers on the NSW Liverpool Plains.
Former Deputy Prime Minister and Eastern Star Gas chairman, John Anderson, was previously the federal member for Gwydir, which covers the Liverpool Plains region.
He says coal seam gas is essential to solving a looming energy crisis.
"No one has contradicted me on this yet, but gas is actually going to be very important for agriculture, because it's the obvious extender of hydrocarbons, i.e. oil, as we run out of oil and as oil becomes incredibly expensive," he said.
ABC Rural
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