Queensland delivers again to supply more gas

6 September 2017

Queensland is taking decisive action to ease the gas squeeze with the Queensland Government releasing more land for exploration a day after Senex won a tender in the Surat.

Queensland Resources Council (QRC) Chief Executive Ian Macfarlane praised both Premier Palaszczuk and Minister Lynham on leading the nation with a proactive approach to the looming east coast gas shortage.

“In 24 hours, the Queensland Government has awarded 58 square kilometres of prime acreage to Senex and today opened close to 400 square kilometres of highly prospective land in the Surat and Bowen Basins,” Mr Macfarlane said.

“The New South Wales and Victorian governments must follow in the footsteps of the Queensland Government and work with industry, otherwise gas will just move from one state to another while prices rise. We can’t ask businesses to dim the lights or buy diesel generators over summer we have to supply them with more gas.

“These domestic gas releases are fast tracked for production with Senex aiming to have gas flowing in under two years. That’s exactly when AMEO say New South Wales might be running short of gas,” Mr Macfarlane said.

QRC’s current data shows that in 2015-16, the state’s gas industry contributed $12.8 billion to the state’s economy and supported 65,000 jobs.

Media contact: Anthony Donaghy 0412 450 360