Reported at smallcaps.com.au: Industry leaders have criticised the federal government for delays in approving the North-West Shelf project extension, which they claim undermines investor confidence and hinders development due to duplicative environmental processes.

The Chamber of Minerals and Energy of Western Australia highlights that the project has faced an “unacceptable” six-year wait for a decision, while the Australian Energy Producers warns that excluding gas from the Capacity Investment Scheme will lead to higher electricity costs and increased blackout risks.

Both organizations emphasise the urgent need for investment in new gas generation to ensure reliable and affordable energy for Australia.