28 April 2024
South Australian cash injection to boost PACE of gas exploration
Publication date: 20 March 2017
Gas Strategies Group
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ISSN: 0964-8496
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The government of South Australia is ploughing cash grants into five exploration projects in a bid to secure gas supplies for power generation to stave off a looming supply crisis.
The state government awarded almost AUS 24 million (USD 18.5 million) to projects located principally in the Cooper basin, as part of its Plan for Accelerating Exploration (PACE) gas grant program.