Surat Basin to help shape ResourcesQ

Image credit: Flickr User: Clifford Smith

Minister for Natural Resources and Mines Andrew Cripps, the local community and industry representatives have opened in Rome the ResourcesQ workshop, a Government project designed to stimulate the resources sector, to drive growth and create jobs in Queensland.

Image credit: Flickr User: Clifford Smith
Image credit: Flickr User: Clifford Smith

Minister Cripps said the workshop was part of the Newman Government’s plan to boost the industry and deliver a brighter future for rural and regional Queenslanders.

“We committed at the 2012 election to grow resources as one of Queensland’s four economic pillars. The $37.9 billion sector contributes one in every four dollars to the state’s economic activity and supports one in every five jobs, so it’s vital we have a strong, competitive and agile industry. This forum in Roma today ensure we have a better understanding of regional issues and opportunities for the sector in the Surat Basin,” Mr Cripps said in a media statement.

“South West Queensland is the birthplace of the Australian oil and gas industries and has more than 4000 kilometres of pipelines connecting gas fields to markets and processing facilities in South East Queensland, Gladstone and Mt Isa. This initiative will drive economic growth and will create jobs, so it is important we hear from our local resource companies, councils, businesses, training organisations and infrastructure providers.”

Mr Cripps pointed out that this was the first time a state-level strategic action plan had been implemented for resources in Queensland, highlighting the unfortunate failure by Labour to plan effectively for orderly and sustainable growth in the sector.

“It is a Can-Do approach which shows that only the LNP has a strong plan for the future of Queensland and the resources industry.”

He said the resources sector was a major contributor to the economy in the Surat Basin.

“The resources sector in the South West Queensland region employs more than 1360 full-time people and contributes $2.3 billion into the state’s economy, with around $2 billion invested directly into local communities. Direct spend supports an additional 23,250 local jobs and invests a further $2 billion into regional economies through local purchases. Production of both coal and CSG in the Surat Basin alone is expected to increase ten-fold by 2031 — doubling Gross Regional Product and contributing $9.3 billion and an extra 12,500 jobs to the Surat Basin,” he said.

“This workshop will build upon previous input from resource industry and supply chain leaders, as well as three workshops already held in Mount Isa, Cairns and Gladstone, with a  fifth workshop to be held in Emerald in early June. Consultation across the sector and in key resource regions will ensure industry has maximum opportunity to guide the strategic direction for the resources sector.”