07 December, 2011

its a gas [in pursuit of sunset industries]

The following press release from the Qld Premier, proudly pursuing sunset industries....

Premier and Minister for Reconstruction The Honourable Anna Bligh 06/12/2011


Over 500 national and international delegates have begun arriving in Brisbane as Queensland becomes the centre of the world for the global gas industry this week.

The Queensland International Gas Symposium will act as a forum to discuss opportunities and challenges as Australia enters a "golden age" of gas development.

Delegates will hear presentations from a selection of global experts on the symposium's key themes: Demand and global market trends; Business and industry innovation; Encouraging investment; Environment and best practice regulation.

"This symposium will host a diverse range of speakers including Ian Cronshaw from the International Energy Agency in Paris to Dr Peter Stone, a CSIRO Director to Western Downs Mayor, Ray Brown," said Premier Anna Bligh.

"Over the next few days Brisbane and Queensland will be the centre of the world for the global gas industry just as we can be a global hub for this industry for decades to come."

Ms Bligh said leading resource companies and Queensland universities had championed cutting-edge research and development on key issues facing the CSG to LNG industry.

"Good environmental management and technological advancement go hand in hand with the best available science and research to underpin them," she said.

"Without these vital ingredients, Queensland's CSG to LNG industry would simply not be where it is today.

"Queensland is now not only leading the nation as an emerging LNG export hub for key markets in the Asia-Pacific region, we are also breaking new ground in research and development so we can develop the industry in a safe and sustainable manner.

"A lot of hard work has taken place to get the industry to where it is today. In a little over 12 months, we have seen three projects worth $45 billion achieve final investment decision.

"These are the largest CSG to LNG projects in the world and Queensland is a major international player as a result. The benefits we are creating from all this investment will be felt for many generations.

"This is a global industry that is creating a multitude of business opportunities, new community infrastructure, services and jobs for all Queenslanders and that is set to continue for many decades to come.

"Labor's Queensland Education Trust, which aims to use 50% of all LNG royalties to create education opportunities for young Queenslanders, is the perfect example of that in action."

The Queensland International Gas Symposium is being held at the Brisbane Exhibition and Convention Centre over the next two days.

Information about the symposium is available at: www.gas.business.qld.gov.au

NOTE: Resource writers and journalists wishing to cover the proceedings can access the media room by emailing:MEmediaunit@deedi.qld.gov.au

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