QGC Pty Ltd today welcomed the recognition of the very significant contribution that the CSG-LNG industry will make to Queensland economic growth and state revenues.
This follows news the State Government would establish a multi-million dollar education trust using half the royalties generated by the CSG-LNG industry.
While these benefits will flow in future QGC already has a partnership with Queensland Minerals and Energy Academy which provides an opportunity for students to learn first-hand about the wide-range of careers in the industry.
QGC Senior Vice President Jim Knudsen said the industry would make an enormous contribution to jobs and revitalising rural and regional communities across Queensland.
“ It’s good to see prosperity generated by the CSG-LNG industry will educate generations of Queenslanders to come ,” he said.
“ The QCLNG Project alone is projected to add $32 billion in new activity to the Queensland economy .”
Additionally QGC is investing in rural and regional communities through its $150 million Social Impact Management Plan.
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LNG World News Staff, November 23, 2011; Image: QGC