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2014-03-17 08:05:00

GREAT POTENTIAL IN QUEENSLAND

GREAT  POTENTIAL  IN  QUEENSLAND

APPEA. There remains enormous potential to safely explore and develop Queensland's shale gas resources, to create jobs and attract another wave of economic investment, the Australian Petroleum Production & Exploration Association (APPEA) said today.

Already natural gas from coal seams feeds almost 100 per cent of Queensland's gas supply needs and has been responsible for generating about 30,000 jobs, mostly in rural and regional communities.

Comments made today by the Queensland Opposition about the future of shale gas development ignore the Queensland gas industry's proven record of safe operations over many decades.

APPEA Chief Operating Officer Paul Fennelly said: "It is very important that political parties do not adopt policies from The Greens to stop resource development and the benefits it can bring to Queensland's economy.

"Across the border in South Australia about 685 wells have been safely fractured stimulated in the Cooper Basin over the last 40 years.

"Shale gas also uses multi-pad horizontal drilling, which ensures that the surface footprint of activities is minimised so that there is little impact on agricultural operations or the environment."

Last year the Australian Council of Learned Academies highlighted the "great potential" of shale gas as an important new energy option for Australia, while also identifying challenges that could be met through careful management.

Mr Fennelly said: "Industry supports the findings that robust regulation and best practice operations are central to managing and mitigating the identified risks."

Tags: QUEENSLAND, AUSTRALIA, SHALE, GAS

Chronicle:

GREAT  POTENTIAL  IN  QUEENSLAND
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TOTAL'S INVESTMENT TO ANGOLA: $16 BLN

THE LOCAL FRANCE - Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that plunged into crisis following oil price dips in 2014.

GREAT  POTENTIAL  IN  QUEENSLAND
2018, November, 12, 11:55:00

CHINA, WESTINGHOUSE NUCLEAR

WNN - China's State Power Investment Corporation (SPIC) says it has signed a memorandum of understanding (MoU) for "global cooperation" in nuclear energy with Westinghouse Electric Company of the USA.

GREAT  POTENTIAL  IN  QUEENSLAND
2018, November, 12, 11:50:00

SMALL BRITAIN'S NUCLEAR

WNN - Advanced Nuclear Technologies - otherwise known as small nuclear or small reactor technologies - encompass a wide range of nuclear reactor technologies under development, BEIS noted. "The common attributes that these technologies share is that they are smaller than conventional nuclear power station reactors and are designed so that much of the plant can be fabricated in a factory environment and transported to site, reducing construction risk and making them less capital-intensive," it said.

GREAT  POTENTIAL  IN  QUEENSLAND
2018, November, 12, 11:45:00

POLAND, USA NUCLEAR

WNN - Poland and the USA have signed a Joint Declaration of Energy Security, which emphasises the expansion of their cooperation in a variety of areas, including civil nuclear energy. The document was signed in Warsaw yesterday by Polish Energy Minister Krzysztof Tchórzewski and US Secretary of Energy Rick Perry.

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