I wonder if this news helps mos storage idea in the Surat
$7.7b gas plan gets conditional nod Friday, May 28, 2010 A $7.7 billion liquefied natural gas (LNG) project at Gladstone in central Queensland has been given conditional approval.
The joint venture between Santos and Petronas would extract coal-seam gas from the Bowen and Surat basins and pipe it more than 400 kilometres to Curtis Island for processing and shipping.
Queensland's coordinator-general has reviewed the project's environmental impact statement and approved it with conditions.
Premier Anna Bligh says the Federal Government must now consider the project under its environmental laws.
MOS Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held