The Federal Government’s promise to help expand the nation’s gas supply will create more jobs, an industry body has said.
The Queensland Resources Council (QRC) is thrilled Prime Minister Scott Morrison has expressed his wish to grow the domestic gas industry and end gas fracking bans across the nation.
Supporting jobs and industry
The government’s plan potentially includes options for a prospective gas reservation scheme that would support jobs and industries. However, this would ultimately mean the current bans and restrictions on gas fracking would need to come to an end.
“You can’t reserve gas that hasn’t been developed, so it’s time for the southern states to end their unscientific, politically-motivated bans on gas projects,” QRC chief executive Ian Macfarlane said in a public statement. “For too long, the southern states have been coasting off investments made in Queensland, while refusing to develop their own resources … the free ride for New South Wales and Victoria is over.”
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Queensland leads the way
QRC praised the Sunshine State for leading the nation in gas exploration projects.
“Queensland has been successfully implementing a type of prospective reservation scheme whereby tenements are released to develop gas solely for domestic use,” Macfarlane said. “This is a plan that will also work in other states but only if those states come to the table and open up their own gas reserves.”
QRC now plans to lobby for support at the next Council of Australian Governments (COAG) Energy Council and COAG meeting of state and territory leaders.