QRC welcomes new petroleum facility licence

THE Queensland Resources Council (QRC) has welcomed the decision by the State Government to award a petroleum facility licence which will lead to a new gas processing plant in the Surat Basin.

QRC chief executive Ian Macfarlane said the plant would be built by Jemena and process gas from Senex Energy’s Project Atlas west of Wandoan.

“This project is part of the Government’s domestic only gas supply initiative designed to help ease the east coast gas squeeze,” Mr Macfarlane said.

“The processing plant will be part of Jemena’s $140 million Atlas gas pipeline which will connect gas from Project Atlas to the Wallumbilla Gas Hub in south west Queensland and create 150 jobs.

“It’s another flagship example of industry and Government working together to produce more natural gas, with benefits for Queensland," he said.

“Queensland’s resources industry has a proven track record of attracting new investment and creating new jobs because of the clear and stable regulatory environment in which it operates. It is essential that we have stable and reliable regulation for our resources sector to continue to attract the investment that builds our State and delivers for every Queenslander.”

www.qrc.org.au

 

About QRC

QRC is the peak representative body for Queensland ‘s resource sector. The Queensland resources sector provides one in every five dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 15,400 businesses and community organisations across the State, all from 0.1 percent of Queensland’s land mass.

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