The Gazprom Board of Directors approved the revised investment program and budget (financial plan) for 2018.

The Gazprom Board of Directors commended the efforts of the Company to implement its major investment projects.

The Queensland Resources Council (QRC) has welcomed the Palaszczuk Government’s announcement of progress on the establishment of CleanCo, the planned new renewable energy electricity generator.

A consortium consisting of Porr S.A. and Denys NV has been hired by Gaz-System S.A. to build the high-pressure gas pipeline Tworóg-Tworzeń. The pipeline is already the second project that Porr is building for the Polish gas transport operator. The new pipeline aims to improve the transport of natural gas in the Voivodeship of Opole and the Silesia region. The tender is worth around EUR 68m (PLN 290m).

A working meeting between Alexey Miller, Chairman of the Management Committee of Gazprom, and Aldo Belloni, Chief Executive Officer of Linde, took place in Moscow.

Queensland’s resources sector welcomes the successful joint bid by Santos GLNG and Australia Pacific LNG (APLNG) to explore for new natural gas resources in the Bowen Basin.

The Gazprom Management Committee took note of the information about the prospects of the Vuktylsky geological and economic area in the Komi Republic.

Project to support delivery of sustainable gas supply to the UAE

Fugro has commenced a programme of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADNOC).

Southern Power Generation Sdn Bhd has awarded Pöyry with an owner's engineer services assignment for a 1,440 MW combined cycle power plant in Johor, Malaysia. Southern Power Generation is a project company established for this independent power producer project and owned by Malaysian state-owned power utility Tenaga Nasional Berhad (TNB) and SIPP Energy Sdn Bhd.

The Queensland Resources Council (QRC) has welcomed the action by Australia Pacific LNG to supply a further 41 petajoules (PJ) of natural gas to the Australian domestic market.

The Queensland Resources Council (QRC) has welcomed the release of the Annual Exploration Program for 2017-18, which includes more than 19,000 square kilometres for gas, minerals and coal exploration.

Vyacheslav Tyurin, Director General of Gazpromtrans, and Mikhail Likhachev, Director General of Gazprom Gazomotornoye Toplivo, signed a Cooperation Agreement at the 7th St. Petersburg International Gas Forum.

Costain will conduct a front-end engineering and design (FEED) study for onshore plant to receive gas from a new sub-sea pipeline in Dimlington, on the East Yorkshire coast. The gas will come from the Tolmount gas field, one of the largest discoveries in the Southern Gas Basin in recent years. The Tolmount field is jointly owned by Premier Oil (50%) and Dana Petroleum (50%).

The Queensland Resources Council (QRC) congratulates Minister Lynham on awarding Senex as the preferred tenderer for a Petroleum Lease in the Surat Basin.

The east coast gas supply is set for a boost with Arrow Energy’s announcement that it will commence work for its proposed expansion of the Tipton gas project in Queensland’s Surat Basin.

The Japan Gastech Consortium welcomed record numbers of Ministers, business leaders and influential players within the industry, to explore the key topics currently affecting the sector and to successfully facilitate business transactions

Japanese energy businesses and global business leaders launch the leading gas and LNG event in Tokyo, Japan

The Queensland Resources Council welcomes the announcement of ‘Project Ruby,’ the Shell Australia/QGC joint venture, that will employ hundreds of people, and inject new gas supply into the east coast gas market.

QRC Chief Executive Ian Macfarlane said the announcement was yet another sign that Queensland was getting on with business.

"The ‘Project Ruby’ development in the Surat Basin underpins 350 new and existing jobs, which is good news for the local community, and good news for Queensland’s gas supply,” Mr Macfarlane said. “The QRC is pleased that Queensland is leading the way when it comes to working to address the problem of the east coast gas shortage.”

Up to 161 new wells will be drilled in 2017 and 2018 in QGC’s existing tenements in south-west Queensland.

“This significant milestone for the QGC project is also a vote of confidence in Queensland’s onshore gas industry,” Mr Macfarlane said. “Importantly, this is an investment into regional Queensland, where state and local governments and farmers support the gas industry, resulting in massive economic benefits for local and state governments as well as farmers and rural and regional communities.”

QRC’s current data shows that in 2015-16, our state’s gas industry contributed $12.8 billion in economic contribution and supports 65,000 jobs and the advancement of this project will only mean more revenue and jobs for Queenslanders.

Shell’s QGC business is a net contributor to the domestic gas market and will sell more than 75 petajoules (PJs), net of domestic gas purchases, to customers in Australia this year. This represents more than 10% of east coast gas demand and 40% of Queensland’s demand.

Source: QRC

Statement by QRC Chief Executive Ian Macfarlane on FIFO Bill:

The Queensland Government’s Strong and Sustainable Resource Communities Bill parliamentary committee report has been released today.