Australia’s Northern Territory government lifts fracking ban

SYDNEY (Reuters) – Australia’s Northern Territory government said on Tuesday it would allow gas extraction via fracking, ending a moratorium it imposed two years ago.

The Northern Territory, a 1.4 million sq km (540,000 sq miles) expanse of outback extending from the center of Australia to its northern coastline, has had a moratorium on fracking since September 2016 to study the environmental, social and economic risks of the source of cheap gas.

“We have accepted the key finding of the report – that if all the recommendations are implemented the risk from fracking can be reduced to an acceptable level,” Northern Territory Chief Minister Michael Gunner said in a statement.

Reporting by Tom Westbrook; Editing by Michael Perry

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