The Queensland Resources Council (QRC) welcomes the Palaszczuk Government’s granting of an Authority to Prospect to Armour Energy for exploration in the Surat Basin.
QRC Chief Executive Ian Macfarlane said Brisbane-based Armour Energy would supply gas for domestic use which is another sign the Queensland gas industry is leading the nation with a proactive approach to easing the east coast gas squeeze.
“Once again we see Queensland holding the key to sustaining a long-term energy future on the east coast through exploration and new opportunities for jobs and investment,” Mr Macfarlane said.
“I applaud the Palaszczuk Government and Mines Minister Dr Anthony Lynham for their continued support of the State’s gas industry.
“Importantly, this is an investment into regional Queensland, where all levels of governments and farmers support the gas industry, resulting in massive economic benefits for farmers and rural and regional communities who are currently experiencing a heartbreaking drought.”
Armour will explore 318 square kilometres of highly prospective land in the Roma Shelf north of Miles and Surat and will use existing infrastructure close to Kincora plant to deliver the much needed gas sooner to the east coast.
Mr Macfarlane said Queensland’s neighbours must take a leaf out of our book. New South Wales and Victoria can’t expect Queensland to continue to supply, and subsidise, their own gas users.
“It’s time for both sides of politics to consider rewarding States that do develop their resources, at the expense of those who don’t,” he said.
The Queensland resources sector now provides one in every six dollars in the Queensland economy, sustains one in eight Queensland jobs, and supports more than 16,400 businesses across the State all from 0.1 per cent of Queensland’s land mass.