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Banned frackers should come here: SA govt

AAP logoAAP 30/08/2016

Gas companies that may suffer from Victoria's planned fracking ban should consider moving to South Australia instead, the SA government says.

State Energy Minister Tom Koutsantonis says Australia has one of the best regulatory systems in the world for gas exploration and extraction, and experts rather than politicians should be left to approve or reject projects.

"We are open for business and I encourage any exploration companies affected by this decision to consider coming to South Australia, where the assessment and approval of projects is left to expert regulators," he said in a statement.

Mr Koutsantonis said the electricity market and the environment will be worse off because of the Victorian ban.

"This decision is bad news for the National Electricity Market because new sources of supply of gas - which is used for electricity generation - will continue to be constrained," he said.

"Gas is a much cleaner form of generation than coal and is an essential component in the transition to a low carbon future, so this move is also bad news for the environment."

The Victorian government announced on Tuesday it will introduce legislation to parliament later this year to prohibit the exploration and development of all onshore unconventional gas.

The statewide ban is the first of its kind in Australia, and follows a 2015 Victorian parliamentary inquiry into onshore unconventional gas.

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