BG Group Plc has received environmental approval for its proposed liquefied natural gas project in Queensland State on Friday. It is the second venture to secure permission. Four similar ventures are planned to convert coal seam gas to LNG for export from the port town of Gladstone.
Queensland Premier Anna Bligh said that the multi billion dollar liquefied natural gas project in central Queensland has been approved subject to strict conditions. The Project will see coal seam gas extracted from the Surat Basin piped to Gladstone.
The conditions include affordable housing and other social benefits for workers. 250 houses for workers will be built in Gladstone and another 280 on the western Darling Downs.
Premier Bligh feels that it will be great particularly for the south west region. The project is expected to create about 8,000 jobs in the state. The company is expected to make an investment decision later this year and start shipping gas out of Gladstone by 2014.