QRC chief applauds Australia Pacific LNG action

THE Queensland Resources Council (QRC) has welcomed the action by Australia Pacific LNG to supply a further 41 petajoules (PJ) of natural gas to the Australian domestic market.

"Today’s announcement is yet another sign the Queensland gas industry is leading the nation with a proactive approach to easing the east coast gas squeeze," QRC chief executive Ian Macfarlane said.

"Queensland’s neighbours must take a leaf out of our book, instead of relying on our state to meet the gap caused by their failure to develop their own gas industries. Gas exploration has stalled in New South Wales, Victoria and the Northern Territory, despite the fact all jurisdictions have their own reserves in the ground.

"It’s also important that Queensland continues its exploration program to pinpoint new reserves and new opportunities for jobs and investment," he said.

"Therefore, it's critical that the Palaszczuk Government does not restrict exploration acreage and ban further gas exploration in the Cooper Basin, which has been one of the most productive gas development areas, by pushing through new Pristine Rivers regulations without consultation."

www.qrc.org.au

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