New gas supply deal supports Queensland jobs

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16 April 21, 1:43pm As the 2021 APPEA Environment and Safety Excellence Awards take place in June we are looking back on winners and no… https://t.co/mi3JWR9v1T
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by APPEALtd
14 April 21, 9:43am In a major boost for the Northern Territory’s economy and environment, regarded environmental scientist Cassandra S… https://t.co/94cM4HhLT3
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by APPEALtd
8 April 21, 1:48pm The Australian Government's release of a suite of measures aimed at enhancing and strengthening Australia’s offshor… https://t.co/Ih8azMhLlb
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by APPEALtd
6 April 21, 10:35am APPEA’s submission to the Federal Government’s gas-fired recovery consultation shows how the oil and gas industry c… https://t.co/c8MTb4fRIN
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by APPEALtd

Onshore gas

Santos announced today that it will supply around $100 million worth of gas to New Century’s zinc mine near Mt Isa in northwest Queensland.

APPEA Queensland Director Rhys Turner said the agreement to supply 9PJ of gas over the next four years was further evidence of the industry’s strong commitment to provide competitively-priced gas to the domestic market.

“This is a win for Queensland jobs and for regional development,” Mr Turner said.

“More gas also means more royalties for the Queensland Government.

“Today’s announcement shows that Queensland’s gas industry is producing enough gas to meet its export commitments and supply the domestic market.

“Other states should take note. The failure of New South Wales and Victoria to develop their own gas supply means customers in those states are paying a premium for their gas.

“The Australian Competition and Consumer Commission says transport costs can add 25 per cent to the price southern customers pay for Queensland gas.

“Interstate gas will always be more expensive than local supply.”