APPEA Sees Huge Potential in Qld Shale Gas Development

There remains enormous potential to safely explore and develop Queensland’s shale gas resources, to create jobs and attract another wave of economic investment, the Australian Petroleum Production & Exploration Association (APPEA) said.

Already natural gas from coal seams feeds almost 100 per cent of Queensland’s gas supply needs and has been responsible for generating about 30,000 jobs, mostly in rural and regional communities.

Comments made by the Queensland Opposition about the future of shale gas development ignore the Queensland gas industry’s proven record of safe operations over many decades.

APPEA Chief Operating Officer Paul Fennelly said: “It is very important that political parties do not adopt policies from The Greens to stop resource development and the benefits it can bring to Queensland’s economy.

“Across the border in South Australia about 685 wells have been safely fractured stimulated in the Cooper Basin over the last 40 years.

“Shale gas also uses multi-pad horizontal drilling, which ensures that the surface footprint of activities is minimised so that there is little impact on agricultural operations or the environment.”

Last year the Australian Council of Learned Academies highlighted the “great potential” of shale gas as an important new energy option for Australia, while also identifying challenges that could be met through careful management.

Fennelly said: “Industry supports the findings that robust regulation and best practice operations are central to managing and mitigating the identified risks.”

Press Release, March 13, 2014; Image: APPEA

 

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >