29 April 2024
Queensland awards first acreage with Australia-only gas sales conditions
Publication date: 05 September 2017
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The Queensland Government has awarded Brisbane-based Senex Energy the right to develop a new gas field in the state’s Surat Basin, which will include, for the first time, Australia-only sale conditions on gas produced from the land, the government said Tuesday.
The move is aimed at addressing gas supply concerns on Australia’s east coast. While the country is on track to become the world’s largest exporter of LNG by 2019, there are concerns that the country’s east coast may face...