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Date ArticleType
10/31/2018 Member News
Offshore drilling a national priority: Matt Canavan (Subscription Required)

Offshore drilling a national priority: Matt Canavan

Greg Brown
The Australian


Resources Minister Matt Canavan says it is a “national priority” to encourage offshore oil exploration — including in the Great Australian Bight — so Australia can be self-reliant on petrol supply and not have to rely on volatile global markets.

With the government facing pressure from the rising price of fuel, Senator Canavan said Australia should follow the path of the US and become self--sufficient in oil.

He said the government wanted to attract investment to explore potential oil supply in the Great Australian Bight, which he said was “the most prospective frontier oil basin in the world”.

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