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海角吃瓜网檚 reputation as an investment destination.
The government has announced the release of 16 400 km2 of land in Queensland海角吃瓜网檚 north-west and south-west through a non-competitive tender process.
Develop resources
APPEA Chief Operating Officer Eastern Australia, Paul Fennelly, commented: 海角吃瓜网淭he Queensland Government continues to establish plans that will allow the next generation of the state海角吃瓜网檚 resources to be developed.
海角吃瓜网淚t clearly recognises that petroleum and gas production is underpinned by exploration that can potentially attract further investment, generate prosperity and create jobs.
Queensland海角吃瓜网檚 economy
海角吃瓜网淕rowth need not be achieved at the expense of the environment. Queensland海角吃瓜网檚 existing legislative and strict regulatory framework provides certainty for all stakeholders 海角吃瓜网� the gas sector, landholders, communities and government 海角吃瓜网� highlighting what can be achieved when all stakeholders work together towards the shared goal of growing Queensland海角吃瓜网檚 economy.
海角吃瓜网淎 strong resource exploration sector is the backbone of the petroleum industry.海角吃瓜网�
Adapted from press release by