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.

Construction workers to be rewarded

REWARDED: Members of the construction industry will be rewarded at the 2016 Construction Skills Queensland Excellence Awards. Photo: Alistair Brightman / Fraser Coast Chronicle

It's time to reward our hard workers in the construction industry

Circus workshop rolls into town

TRICKS: Karyn Smith and Marguerite Peach of Sensory Circus Tribe. Photo: Darryn Smith/Sunshine Coast Daily

Circus workshop rolls into town

WFC Premier men's team take out Mackay City Brothers

A WFC Reserve Grade player locked in combat with the Mackay City Brothers at the Whitsunday Sportspark on Saturday.Photo Peter Carruthers / Whitsunday Times

Victory for WFC Premier men's team cements top spot on ladder.

Latest deals and offers

July 2: election fast facts

SINCE the last federal election there have been changes to the Senate voting system that voters need to be familiar with when Australia goes to the polls.

Member for Dawson heralds list of acheivements

Member for Dawson, George Christensen, holds a list of his achievements in the Whitsundays.Photo Peter Carruthers / Whitsunday Times

George Christensen unveils a three-metre scroll of his achievements.

Man caught drinking beers in car home from mine site

Tweed residents have been urged not to drink and drive at the Traffic Offenders Intervention Program.

Magistrate says drink driver had a "very lucky escape"

LISTEN: Six illegal Bowen workers await deportation

AIN'T ALL BAD: Backpackers like Alice Arzenton, Irene Brussa and Jasmine Piller are thrilled to have found somewhere like Robertson Flower Farm in Bundaberg that treats them well. Photo: Max Fleet / NewsMail

Carl Walker applauded the tough approach.

Aviation fire fighter union says passenger safety is at risk

AIRPORT SAFETY: John Ring of the United Firefighter Union at the Whitsunday Coast Airport on Monday.

Fire fighting union is warning passenger safety is at risk.

RESULTS: Show Whitsunday 2016

Kendell Davies with her horse Chino during the ribbon presentation at this year's Show Whitsunday

The results of the 2016 Show Whitsunday are in.

Caitlyn Shadbolt, Sara Storer join Gympie Muster bill

Caitlyn Shadbolt performs at CMC Rocks in March 2016.

AWARD-winning singers star in third line-up announcement.

Dash Cam of Slip in Snow

Even light snow can be hazardous.

Dash cam shows how easy it is to lose control in even light snow.

Chaos outside Istanbul Airport

Turkish police block the road after an suicide bomb attack at Ataturk Airport in Istanbul, Turkey, 28 June 2016. At least 10 people were killed in two separate explosions that hit Ataturk Airport.

Distress as cars escape Istanbul airport after bombing.

Panic inside Istanbul Airport

Turkish police block the road after an suicide bomb attack at Ataturk Airport in Istanbul, Turkey, 28 June 2016. At least 10 people were killed in two separate explosions that hit Ataturk Airport.

Dramatic vision from inside Istanbul airport after explosin.

Burnett Heads housing development approved

COUNCIL APPROVED: A Burnett Heads housing development has been approved by Bundaberg Regional Council. Photo Contributed

Councillors approved the development seven votes to four

Three bedroom, 1100sqm block: Is this Qld's cheapest home?

BARGAIN BUY: Is this North Bundaberg property the cheapest home in Queensland?

Becoming a real estate mogul is all about risk and reward