Sell with Confidence
Read More
News

CSG project will create more than 2,000 jobs in central Queensland in the next four years

By Mark Beale

Mining company Arrow Energy says its Bowen Basin coal seam gas (CSG) project will create more than 2,000 jobs in central Queensland in the next four years.

Yesterday, the State Government gave approval for the project, which includes the staged expansion of 4,000 wells over the next 40 years.

The expansion covers tenements in Glenden, Moranbah, Dysart, Middlemount and Blackwater.

Arrow says the project has been scaled back in line with public feedback.

The original environmental impact statement had suggested more than 6,600 wells be built.

Landowner John Baker says any development in the area needs to be fair on farmers.

“The major concern … that a lot of people have is that they’re adequately compensated,” he said.

“I mean most people can put up with some sort of inconvenience if they’re properly compensated for it.  See sometimes you hear of people that have been properly compensated and other people that have horror stories and they feel that they’ve been badly done by.”

The project now awaits Federal Government approval.

Up to Date

Latest News

  • 10 Ways To Accommodate 13 Million More People

    Nerida Conisbee Ray White Group Chief Economist The latest population projections from the Australian Bureau of Statistics (ABS) have just been released. While getting long term projections correct is notoriously difficult, the reality is that in the next 48 years we are very likely to have a much bigger Australia. … Read more

    Read Full Post

  • Where Are All The Single Buyers?

    Nerida Conisbee Ray White Group Chief Economist The number of single people purchasing homes is falling but becoming more evenly matched by gender. Increasing cost of housing has meant that the proportion of single people purchasing homes is falling. In 2014, an estimated 26.2 per cent of purchasers were single. … Read more

    Read Full Post