Coal seam gas expansion won't lower NSW gas prices, says report

Parliamentary report refutes state and federal government claim that new CSG activity will solve a gas shortage in NSW and help curb power bills

The contentious expansion of coal seam gas operations in New South Wales will not drive down gas prices as the state and federal governments have claimed, according to a NSW parliamentary report.

The committee report into NSW’s gas markets states that exploitation of coal seam gas reserves “will not, on its own, act to address the challenges facing the gas market in New South Wales.”

Related: NSW coal seam gas project suspended after dangerous chemicals detected

Related: Why increasing coal seam gas supply will result in higher gas prices

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