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    Queensland Australia Unlocks Land for Gas Exploration

Summary

The Australian state of Queensland has earmarked tens of thousands of square kilometres of new ground for oil and gas exploration, the state government said June 20.

by: Nathan Richardson

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Queensland Australia Unlocks Land for Gas Exploration

The Australian state of Queensland has earmarked tens of thousands kilometres2 of new ground for oil and gas exploration, the state government said June 20.

A total of 43,250 km2 has been unlocked for investors looking to invest in petroleum and gas exploration, the state’s Minister for Natural Resources, Mines and Energy Dr Anthony Lynham said at the Energy, Mines and Money Conference in the state’s capital city Brisbane.

“This is made up of 29 areas which is more than double the previous release to help ensure future energy security as we transition to a renewable energy future,” he said.

Queensland is part of Australia’s tight eastern seaboard gas market and home to three LNG export facilities, Australia Pacific, Queensland Curtis, and Gladstone – all at the port of Gladstone.