Qld releases more exploration acreage
PERTH (miningweekly.com) – The Queensland Resources Council (QRC) on Wednesday welcomed the release of an additional 30 000 km2 of land in the Surat, Bowen and Galilee basins thrown open for gas exploration.
Energy Minister Dr Anthony Lynham said the 30 000 km2 of new land for exploration was one of the state’s largest ever land releases and includes more than 30% earmarked for domestic supply.
“Business and industry – particularly our manufacturers -- need more affordable gas to fuel jobs and there’s one surefire way to do that – produce more gas,” he said.
“This is Queensland continuing to do the heavy lifting on gas for the domestic market for jobs.”
Six successful ventures have won the right to explore a total of 3 450 km2, two of them for gas for the domestic market only.
QRC CEO Ian Macfarlane said the government’s release of land for exploration for all resources was essential to creating jobs, attracting investment, boosting exports and ultimately generating additional revenue for the Queensland government in the form of royalties.
“QRC has consistently pushed for extra land to be released for exploration and development. We have been very supportive of the release of areas for exploration and development to service the domestic gas market, supporting industry, jobs and households here in Queensland,” he said.
Macfarlane said stable policy, particularly in access to resources and clear approval processes, was essential for the development of the resources sector.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
Rentech provides renewable energy products and services to the local and selected African markets. Supplying inverters, lithium and lead-acid...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
