Another Queensland LNG project starts exporting
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The Australia Pacific LNG project’s first shipment marks Australia’s arrival as an LNG global superpower, on track to become the world’s biggest exporter of the cleaner energy source in 2018.
It also means Queensland now has three operating LNG projects.
The LNG tanker carrying natural gas to Asian markets departed Curtis Island over the weekend.
“Australia Pacific LNG is to be congratulated on completing a world-class facility that will make a mighty contribution to Queensland’s economy for decades to come,” APPEA CEO Dr Malcolm Roberts said.
“This visionary infrastructure project, which created 15,000 jobs at its peak, is the third completed in Queensland in 12 months to meet Asia’s growing demand for clean and reliable energy.
“The growth dividend for Queensland is huge and long-term.
“Over the next four years alone, as LNG exports ramp up, an estimated $1.2 billion will flow in royalty payments for spending on public services like schools and hospitals.”
At full capacity Australia Pacific LNG’s two-train production facility will supply nine million tonnes per annum of LNG to export markets.
In 2014-15, Australia shipped 25 million tonnes of LNG cargoes, earning $16.9 billion in export revenue.
By 2019-20 when all seven LNG projects developed in recent years are fully operational, there will be a projected combined export volume of just over 76 million tonnes.
The latest national accounts figures show the stronger-than-forecast growth rate of 0.9 per cent was driven largely by resource exports and led by an 11.4 per cent increase in oil and gas production.
Dear [title] [surname],
Australia is blessed with abundant, affordable, reliable, and safely accessible natural gas reserves.
I want you, as my federal parliamentary representative, to support the Australian natural gas industry’s development so that it may put downward pressure on energy prices and bring on the next wave of Australia's prosperity.
The oil and gas industry is currently spending close to $200 billion on new projects that have so far generated 100,000 jobs across the Australian economy; which will see the industry’s tax contribution rise to almost $13 billion per annum by 2020; and which will underpin the Australian economy for decades to come. We need to also support the next wave of projects that are today under consideration.
I am sending you this because I want to see action on creating more Australian industry and jobs.
We can't take our prosperity for granted.
Sincerely,
Name
Suburb, postcode