Green light for $40 billion LNG industry
Source: Queensland. Premier and Treasurer and Minister for Employment and Economic Development. Media Release
"The Bligh Government has moved to ensure Queensland’s future domestic gas supply, while providing industry with the certainty it needs to kick off its $40 billion LNG investment.
Premier Anna Bligh said when the State Government launched its blueprint for LNG industry development in September, it included the consideration of two options for ensuring domestic gas supply. The Premier said the government decided to set aside future gas fields for future domestic supply if needed and rejected an option to require a percentage of gas from all fields to go to domestic supply. This decision provides investment certainty for the LNG industry and the potential for 18,000 jobs for Queenslanders,” Ms Bligh said."