AGL welcomes coal seam gas study

AGL has welcomed a study which found coal seam gas activity on or near properties had no clear adverse affect on land values.

The NSW Valuer General's study released on Thursday on the affect of the coal seam gas industry on land values assessed four areas in the state where mining was active, including Camden.

AGL has had an operational gas plant in Camden for 13 years and the area has 95 gas-producing wells.

Property experts in the area "indicated that they did not feel the coal seam gas industry has had any impact on land values in the area . . . [and] consider the extent of CSG development is not obtrusive", AGL said.

The study looked at the sale of four properties with coal seam gas wells and 29 properties that were between 200 metres and 20 kilometres of coal seam gas activity in the Camden area.

AGL's head of land and approvals Suzanne Westgate said: "We welcome the NSW Valuer General's study and believe it contradicts claims that coal seam gas operations decrease property value".

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