Queensland’s Mines Minister joined the gas industry today in calling out the Prime Minster on his criticism of the state’s $70 billion gas industry.
The Prime Minister blamed the state’s LNG export industry for east coast gas shortages and electricity prices – comments refuted by APPEA and Mines Minister Dr Anthony Lynham.
“This week in parliament the LNP were yammering on about business confidence, and here’s the Prime Minister trash-talking an industry that employs more than 7000 Queenslanders,” he said.
“Mr Turnbull’s attacked investors from the United Kingdom, the United States, Malaysia, China, Japan, France and Korea, investors who are generating about $147 million in royalties this year.
“Is Mr Nicholls going to stand up to the PM, stand up for Queensland industry, and for the regional communities who benefit from our world-leading CSG-LNG industry?”
Dr Lynham said Queensland continued to do the heavy-lifting on gas and energy policy to deal with the forecast east coast gas shortage.
“The sensible solution to the gas shortage is bring more gas to the domestic market, utilising small-to-medium-sized players with common-use infrastructure, with the Palaszczuk Government doing their bit and then some.
“We are releasing land for gas production only for the Australian domestic market.
“So far, the Federal Government’s actions with their Australian Domestic Gas Security Mechanism have only affected the Queensland gas industry.
“This will affect Queensland alone by reducing the royalties that help pay for our schools, hospitals and roads.
“The true solution to domestic shortages is to provide common-user infrastructure to allow gas from existing coal basins to market.
“Mr Turnbull should note the report of his chief scientist Dr Alan Finkel AO, and listen to sensible solutions.”
[ENDS] Jan Martin 0439 341 314