New gas supply deal supports Queensland jobs

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17 August 18, 2:41pm Without additional gas supply capacity, there is a potential short-fall in meeting annual Victorian #gas consumpti… https://t.co/PiR0RpYfPr
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by APPEALtd
17 August 18, 11:48am An impressive local community project to enhance marine habitat and recreational fishing opportunities by creating… https://t.co/Lu8FziWom4
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by APPEALtd
17 August 18, 8:29am Explore onshore or #gas costs more, APPEA warns today in a story featured in @australian https://t.co/Cg3AcVCXPH https://t.co/JJVjNQoxkB
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by APPEALtd
15 August 18, 5:10pm A successful 'Introduction to Oil and Gas' event hosted by APPEA in #Canberra today involving industry, corporate a… https://t.co/AGMLsdBhwC
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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.”