Any shortage of gas must be a plus for COI.
Given a 4th facility may be built in Gladstone ....all hands on deck for any company that has gas prospects
THE Queensland Government has granted environmental approval for the $15 billion Arrow Energy LNG project to be built in Gladstone.
The project, which will be the fourth LNG development on Curtis Island, near Gladstone, will raise the investment in the Queensland sector to about $75 billion.
It must now get approval from the Federal Government before the company’s owners, Shell and PetroChina, give their own financial approval, which is not certain.
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Any shortage of gas must be a plus for COI. Given a 4th facility...
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