The announcement comes after Arrow Energy’s commitment to increase its gas supply to meet the demand for cleaner burning fuels, operating five CSG fields in the Bowen and Surat Basin regions.
The Council says the venture is expected to commercialise approximately five trillion cubic feet (TCF) of gas reserves in the Surat Basin.
It will potentially create approximately 1000 new jobs, with an estimated 800 construction positions and 200 ongoing operational roles.
The project includes expansion of Arrow’s Tipton fields, located near Dalby.
Western Downs Regional Council Mayor, Paul McVeigh, said eighteen months of negotiations between Arrow, Shell, and PetroChina had come to fruition.
“This deal adds to the future of our region’s economy, strengthening our energy sector, and complementing our other three economic pillars: manufacturing, agriculture and intensive agriculture, ” he said.
“The economic stimulus that this brings to our local communities will be through employment opportunities, procurement contracts and additional investment in community programs.
“I’m confident that our agriculture and manufacturing sectors will only be strengthened by this ongoing investment in the resources sector.”
Mayor McVeigh said Council was supportive of Arrow Energy’s expansion and welcomed the additional work this would bring to the Western Downs business community.
“With ten solar farms approved and the Cooper’s Gap Wind Farm set to begin construction, this resource sector expansion project certainly secures the Western Downs’ claim to being the Energy Capital of Queensland, and soon Australia,” he said.
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