New study to unlock potential of Bowen Basin
Published Wednesday, 23 June, 2021 at 02:53 PM
Minister for Resources
The Honourable Scott Stewart
Planning for a gas pipeline that could unlock the Bowen Basin and create more jobs is underway.
Resources Minister Scott Stewart said the initial concept phase of the $5 million Bowen Basin pipeline study is underway and would investigate potential pipeline and infrastructure to improve the delivery of Bowen Basin gas to the domestic and export markets.
“The resources industry is a key part of Queensland’s economy and will continue to be an essential part of delivering Queensland’s plan for economic recovery from COVID-19,” Mr Stewart said.
“Gas is a major energy source for Queensland’s manufacturing sector, and we are always looking at ways to bring more of it to market.
“Additional gas infrastructure will provide new sources of supply, leading to more affordable gas and supporting jobs across our critical supply chain and industries.
“Just like we opened up the Surat Basin 10 years ago, the Bowen Basin has the potential to be a source of future gas projects and jobs for Queenslanders.”
KPMG, in partnership with GHD and Netherland, Sewell & Associates Inc, has been contracted to deliver the concept study which is expected to take six months with final recommendations to be made by the end of the year.
Mr Stewart said the study will also analyse the potential amount of gas and sources of fugitive emissions in the area and determine the feasibility and best pathway for the infrastructure to achieve multiple benefits.
“This study will look at ways in which we can better capture fugitive emissions from the coal mines of the Bowen Basin and put them to use for things like power generation and manufacturing,” he said.
“This will not only bring additional gas to market but will also make a valuable contribution to Queensland’s transition to a low carbon economy.
“The Premier asked the Federal Government to co-contribute to this important body of work and I acknowledge the $5 million commitment to this in their 2021/2022 budget.
“We will work closely together to ensure these additional opportunities are maximised.”
Member for Mackay Julieanne Gilbert said the potential pipeline meant there could be opportunities for local businesses to gain work and create jobs.
“The resources industry is a key part of Mackay’s economy,” she said.
“Our traditional strength is in resources, and this key initiative of Queensland’s Economic Recovery Plan will strengthen regional Queensland’s recovery from the impacts of the COVID-19 pandemic.
“It is just another example of our commitment to supporting new economic activity in our regions.”
Mr Stewart said Queensland continued to do the heavy lifting on gas supply and policy.
“Since 2015 the Queensland Government has released more than 80,000 square kilometres of land for gas exploration, over a quarter of it guaranteeing the gas will be for Australian consumers,” he said.
“It was a ground-breaking move, and a national first, when we released land nearly three years ago exclusively for gas for the domestic market.”
Media contact: CHRIS LEES, 0434 859 940