🐂 Not all bull runs are created equal. November’s AI picks include 5 stocks up +20% eachUnlock Stocks

Australia's Port Melville challenged in court by environmental body

Published 25/02/2016, 07:25 pm
© Reuters.  Australia's Port Melville challenged in court by environmental body
AUSG
-

SYDNEY, Feb 25 (Reuters) - Australia's Port Melville on the Tiwi Islands, off the country's north coast, is facing a legal challenge in a federal court brought on by an environmental body concerned the project was approved by the government and built without proper assessment.

The A$130 million ($93 million) facility, developed by a unit of Singapore-based AusGroup AUSG.SI , includes a 30-million-litre oil depot on Melville Island, 120 km (74.56 miles) north of Darwin, the capital of Australia's Northern Territory.

Developer Ezion Offshore Logistics Hub (Tiwi) Pty Ltd did not file an environmental impact statement at the time of construction. Australia's Federal Department of the Environment had later ruled that no such statement was necessary.

But the Environment Centre Northern Territory, a non-profit environmental body, is challenging the government's decision.

Ian Harris, director of the Environment Centre, told Reuters the case was not about shutting down the port, but rather about ensuring due process was followed.

"We have to get these major projects right," Harris said in a separate statement.

"To do that requires proper assessment and planning and we don't believe the government's decision has achieved that."

A spokesman for Australian environment minister Greg Hunt said the project was assessed in accordance with the national environment law, but declined to give any further comments as the matter is currently in court.

The matter was heard in Australia's Federal Court in Darwin on Thursday, and adjourned until April 14.

Calls to AusGroup in Australia and Singapore were not returned.

($1 = 1.3926 Australian dollars)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.