More Queensland gas in the pipeline
Two junior explorers - Pure Energy/Strata X and Santos Ventures - have been given the green light to explore and develop gas on 254 square kilometres of highly prospective land in south-west Queensland.
The three blocks are close to existing gas infrastructure and near Australia’s gas hub in Wallumbilla in Queensland’s world-class Surat Basin.
These latest approvals will help unlock more gas supply and will provide further supply security for users.
Already in 2020, Queensland has released 7000 square kilometres of land for resources exploration to identify the next generation of projects.
The new ATPs follow joint venture partners Australian Pacific LNG and Armour Energy’s national first earlier this month, which were approved to develop up to 103 petajoules of gas over 30 years on land near Chinchilla in south-west Queensland.
Pure Energy/Strata X’s Venus project would explore a 153 km2 block west of Miles and Santos will explore two blocks totalling a 101 km2 near Wallumbilla.
The ACCC’s latest gas report released in February 2020 recognised Queensland’s measures to encourage gas exploration to further strengthen supply.
Last updated 24 March 2020