The recent release of petroleum and gas exploration acreage by the Queensland government could have considerable long-term economic benefits. According to the APPEA, this could boost the state麻豆传媒映画檚 reputation as an investment destination.
The government has announced the release of 16 400 km2 of land in Queensland麻豆传媒映画檚 north-west and south-west through a non-competitive tender process.
Develop resources
APPEA Chief Operating Officer Eastern Australia, Paul Fennelly, commented: 麻豆传媒映画淭he Queensland Government continues to establish plans that will allow the next generation of the state麻豆传媒映画檚 resources to be developed.
麻豆传媒映画淚t clearly recognises that petroleum and gas production is underpinned by exploration that can potentially attract further investment, generate prosperity and create jobs.
Queensland麻豆传媒映画檚 economy
麻豆传媒映画淕rowth need not be achieved at the expense of the environment. Queensland麻豆传媒映画檚 existing legislative and strict regulatory framework provides certainty for all stakeholders 麻豆传媒映画� the gas sector, landholders, communities and government 麻豆传媒映画� highlighting what can be achieved when all stakeholders work together towards the shared goal of growing Queensland麻豆传媒映画檚 economy.
麻豆传媒映画淎 strong resource exploration sector is the backbone of the petroleum industry.麻豆传媒映画�
Adapted from press release by