Victorian Opposition gets behind gas

Victorian Opposition Leader Matthew Guy.

Victorian Opposition Leader Matthew Guy.

A Victorian Liberal Nationals Government will legislate to allow onshore conventional gas exploration and production in Victoria on a case-by-case basis if it wins power next year.

The new policy will create a new royalty sharing scheme that will allow local landowners to benefit from gas produced from beneath their land.

Landowners will receive a 10 per cent share of the royalty paid to government of the net post-wellhead sales value of recovered gas.

The rights of landowners will be protected with a right of veto over conventional gas exploration and production on their land.

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