Qld Government releases exploration plan to drive oil and gas supply

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Image credit: https://www.qld.gov.au/

More than 14,400 square kilometers of regional Queensland will be made accessible for oil and gas development, including gas designated for Australian buyers only, according to the Queensland Government.

Resources Minister Scott Stewart said the 2021 Queensland Exploration Plan sets out a program of eight tender areas for oil and gas exploration to be released in December.

“Gas is an essential feedstock for our manufacturers as well as transitional fuel to our low emissions future,” Minister Stewart said.

“The pandemic has shown how fragile global supply chains can be and how important local manufacturing is.

“The Palaszczuk Government continues to do the heavy lifting on domestic gas policy and supply to support our manufacturers and their workers.

“Boosting Queensland’s manufacturing industry, through measures like our $61.1 million Made in Queensland program, is central to our economic recovery plan.”

According to Minister Steward’s statement, the areas to go to tender are:

  • 727km2 south of Springsure
  • 308km2 southwest of Woorabinda
  • 775km2 west of Taroom
  • 102km2 north of Roma
  • 6226km2 south of Blackall
  • 5283km2 west of Charleville and
  • 343km2 southeast of Springsure and 102km2 north of Roma with gas guaranteed for the Australian market.

The strategy was presented in conjunction with the draft Queensland Resources Industry Development Plan, which is out for public comment for three months.

To help the industry grow, diversify, and create jobs, the 30-year draft strategy recommends 43 measures across six important areas.

“The Queensland Exploration Plan gives certainty to local communities and traditional owners and opportunity for the resources sector and explorers about prospects ahead,” Minister Stewart said.

“Exploration is the lifeblood of the resources sector and essential to maintain a pipeline of new projects and jobs into the future.”

Image credit: https://www.qld.gov.au/