Key Benefits
The QCLNG Project is helping to diversify the Queensland economy, generate new jobs and rejuvenate regional towns and communities.
Jobs and opportunities
The QCLNG Project is creating an average of 5000 jobs during the construction period and will employ around 1000 permanent staff for operations.
Investment and growth
One of Australia's largest capital infrastructure projects, QCLNG will generate significant economic and environmental benefits for Queensland and Australia.
In the 10 years to 2021, it is estimated that QCLNG will boost the Queensland economy by up to $32 billion. The Darling Downs' economy will rise by around $14 billion and the Fitzroy region's economy will be lifted by about $13.4 billion.
It's good for Queensland
Other benefits include:
- $1 billion a year in royalties and taxes for the Queensland and Australian Governments.
- A new industry for Gladstone to complement its position as one of Australia's leading industrial centres for coal, alumina and cement production.
- New gas extraction and transportation infrastructure, offering greater opportunities for gas producers and increased choice for consumers.
...and good for the world
At a time of rising energy demand, yet concern about changes to the world's climate, coal seam gas offers a pathway to a cleaner energy future.
Gas produces about 20% less carbon dioxide emissions than oil and up to 70% less greenhouse gas emissions than coal when burnt to create the same amount of electricity. Learn more.
Investing in communities
QCLNG was the first resources project in Queensland to have a social impact management plan. The plan, which involves commitments of about $150 million by 2014, is part of QGC's strategy to maximise project benefits in the communities in which we operate.
It is aimed at addressing potential impacts across the project, including health and safety, local employment and training, economic development, social infrastructure and housing. Learn more.
Supporting local industry
We support regional towns and businesses by using local contractors and suppliers wherever possible.
About 50% of capital expenditure on QCLNG until 2014 will be spent in Australia. About 80% of operating expenditure will be spent in the country from 2014. Learn more.
Upgrading roads infrastructure
By August 2012, we had committed about $70 million to state and local road projects to manage the impacts of transport associated with the QCLNG Project.
A contribution of about $40 million was agreed with the Queensland Department of Transport and Main Roads in July 2012 to mitigate impacts on state roads over the life of the project. About $30 million has been committed to local and regional councils. Learn more.
Water treatment and use
We are investing more than $1 billion to treat coal seam water produced by gas extraction.
The water will be treated using state-of-the-art reverse osmosis technology for use by agricultural and industrial customers. It will also supplement water supplies for the town of Chinchilla. Learn more.
Did you know? The gas industry in Queensland is expected to contribute $516 billion to Australia's total economy between 2015 and 2035 [1].
[1] This means new jobs - about 20,000 full-time equivalent jobs each year by 2035. Queensland's income alone is expected to rise $342 billion, an average of $28,300 a person, thanks to coal seam gas. Source: Australian Petroleum Production & Exploration Association.