News

Approval may not be enough for Arrow's Curtis Island plans

QUESTION marks remain over a planned mega gas plant for Curtis Island off Gladstone, despite its winning state approval earlier this week.

The $15 billion Shell and PetroChina project, through subsidiary Arrow Energy, would be the fourth major liquefied natural gas plant in the area, linking to gasfields in the Surat and Bowen basins via pipelines.

Its construction would require 3500 workers and offer about 450 jobs once operational in stage one.

The second stage would need another 2300 workers, plus a further 150 once finished.

The approvals for the plant and two pipelines are three parts of a five-part plan, all of which need a green light by both state and federal governments.

Its development of gasfields in the Bowen and Surat are still under consideration by the state.

Once approved, it will be up the Shell and its counterpart to decide when to proceed.

Industry speculation suggests Arrow would be better served to pump its gas into one of the three multi-billion-dollar gas projects already under construction rather than build its own plant.

Shell has previously said a final decision would be made before the end of this year.

Shell chief Peter Voser said in November that the company would postpone or consider alternatives to the Arrow projects if costs were too high.

It is understood the energy giant is considering a number of options, including an approach to its well advanced peers, including Santos, BG Group, and the consortium of Origin Energy, ConocoPhillips and Sinopec which own Australia Pacific LNG.

A spokeswoman for Shell said the company would "take its time".

Any decision would need to be in the best interests of shareholders and the community, she said.

The State Government remained positive the project would go ahead.

Topics:  arrow energy, curtis island, lng


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Hollywood stars hit Hamo

STAR POWER: Leonardo DiCaprio (pictured) and Chris Hemsworth have reportedly been holidaying on Hamilton Island this week.

Leonardo DiCaprio and Chris Hemsworth have been spotted on Hamo

Champion returns to defend Airlie triathlon

WARRIOR RETURNS: Sam Betten claiming the Hamilton Island Triathlon in 2014.Photo Andrea Francolini

Sam Betten is determined to defend his triathlon title

PJs will help children

ALL DAY COMFORT: Whitsunday Neighbourhood Centre family support worker Kerri Brown, community development officer Tamara Noble and admin officer Peita Rollings getting ready for Pyjama Day last year. Photo: Charlotte Lam

Wear PJs to work and help children

Latest deals and offers

This year’s fete set to be great!

The Cannonvale State School fete is on its way and there's loads of fun for all to enjoy.

Hollywood stars hit Hamo

STAR POWER: Leonardo DiCaprio (pictured) and Chris Hemsworth have reportedly been holidaying on Hamilton Island this week.

Leonardo DiCaprio and Chris Hemsworth have been spotted on Hamo

Champion returns to defend Airlie triathlon

WARRIOR RETURNS: Sam Betten claiming the Hamilton Island Triathlon in 2014.Photo Andrea Francolini

Sam Betten is determined to defend his triathlon title

PJs will help children

ALL DAY COMFORT: Whitsunday Neighbourhood Centre family support worker Kerri Brown, community development officer Tamara Noble and admin officer Peita Rollings getting ready for Pyjama Day last year. Photo: Charlotte Lam

Wear PJs to work and help children

Tom’s time to shine

BRINGIN’ IT: Catch Tom Budin at Boom this weekend before he makes it big time.

Tom Budin to hit Magnums

Creativity flows at painting workshop

ARTY: Peter Jennings, Lyndyl Hill, John Hill, tutor Jude Fleming, Jacquie Hendersen, Dot Smith, Glenda Vickers, Carol Bell, Emilie Huang, Avril Arling, Linda Forrester and Kerry Kenyon at Jude Flemming’s workshop.

Painting workshop has creativity flowing

Hollywood stars hit Hamo

STAR POWER: Leonardo DiCaprio (pictured) and Chris Hemsworth have reportedly been holidaying on Hamilton Island this week.

Leonardo DiCaprio and Chris Hemsworth have been spotted on Hamo

Superheroes of the big screen enjoy sounds of Splendour

CHRIS Hemsworth and his Avengers mates drop by Byron festival.

Dynamic pics from Splendour Day 1

The Strokes perform at Splendour in the Grass 2016. Photo Marc Stapelberg / The Northern Star

Check out the latest pictures from Splendour in the Grass.

Bindi Irwin: 18 magic photos to mark her 18th birthday

Bindi Irwin with a python.

Photos: Bindi Irwin from babyhood to 18

Aussie director makes his mark on new Roots mini-series

Malachi Kirby as Kunta Kinte in a scene from the TV series Roots.

BRUCE Beresford behind final episode of remake of iconic series.

The Avalanches pull plug on live broadcast of Splendour set

The Avalanches are an Australian electronic music group.

RADIO listeners won't be able to tune in to the band's show tonight.

You can own this Queensland town for just $1

Yelarbon

Unprecedented auction of town's business centre with no reserve

Work starts on $15M Caloundra apartment building

Turning the first sod at the Aqua View Apartments site in Kings Beach are (from left) husband-and-wife developers Alex Yuan and Stella Sun with construction company Tomkins director Mike Tomkins and Councillor Tim Dwyer.

Developers excited about addition to Kings Beach skyline

72-year-old Coast developer set to start new project

GREEN LIGHT: The Cosmopolitan has been approved for development at Cotton Tree.

Meet the Canberran set to deliver another chapter for Coast suburb

Plans revealed for 1500-lot 'master-planned community'

Precinct will be bounded by Boundary St and Shoesmith Rd

Ecco Ripley sales run sparks prime release

MOVING IN: Sekisui House has announced the release of more residential blocks at Ecco Ripley.

Sekisui House is preparing to unveil more land at Ecco Ripley

Chance to own an island

Keswick Island is for sale.

Keswick Island to go on the market