News

Demand for gas at Curtis Island's LNG plant puts pressure on

CURTIS Island's liquefied natural gas plants' growing demand for gas is forecast to increase the cost of gas for Gladstone's industrial users, a further burden to one refinery that has been feeling the pinch before the LNG plants started exporting.

Northern Oil Refinery uses 600-700 gigajoules of gas a day, at costs of $11.5 per gigajoule, double what Southern Oil Refinery pay in Wagga Wagga.

Southern opened its Northern refinery in Gladstone on March 2014 and Gladstone has not given Northern the competitive advantage managing director Tim Rose thought it would.

He said gas suppliers weren't interested in supplying his refinery and were only interested in the LNG plants.

"We literally had to beg (gas suppliers) to give us a quote," he said.

"Gas prices are a real impediment on business in Queensland."

Queensland minister for state development Dr Anthony Lynham said Queensland, and Gladstone, was still a competitive place to do business with the lowest payroll tax rate in the country.

"We know that energy supplies are integral to industry growth and job creation"

Dr Lynham said he was developing a plan to maximise exploration and development that "may assist in moderating gas prices". Government regulation was one hurdle Australian Competition and Consumer Commission chairman Rod Sims said was impacting the supply of gas and future security of domestic supply.

At the Sydney Oil and Gas Industry Outlook last week he said Australian reserves would be needed to meet demand by 2019.

But with low international gas prices, he said it may not be commercially viable to tap into those reserves.

Topics:  gladstone lng project



Brisbane's arts and culture events centre stage

A CITY drenched in culture, Brisbane is again flaunting an arts and culture events calendar fit for a queen.

Homewares stores to fulfil your Instagram dreams

No Caption

You too can become an Insta-star with these fab stores.

Date nights under $50

Nothing is more romantic than a picnic with a cracking view.

NOT every date has to cost you a bomb.

Top 10 Brisbane experiences to cross off your bucket list

Do yourself a favour and get amongst the food truck scene. Eat Street is a great place to start.

A GOOD bucket list doesn’t have to span continents or cost millions.

Six mega sporting events you need to be at this year

Don't miss all the action trackside this season.

IF THERE is one thing Brisbane does damn well, it’s play host.

Six reasons to get to Brisbane this Autumn

The Brisbane Powerhouse has free comedy on Friday nights.

AUTUMN has to be up there with one of the best seasons of the year.

The best things to do in Brisbane are FREE. Yes, FREE

Mt Coot-tha is a seriously gorgeous way to start your day.

HEADING to the big smoke doesn’t have to come with a big price tag.

Gladstone region's fattest suburbs revealed

There are serious issues with people's weight throughout Australia.

NEW figures show Central Queensland's most obese or overweight areas

Gladstone turns it on to welcome cruise ship passengers

Judy White and Dianne Kirby enjoy the Feast on East markets at East Shores Precinct.

PHOTOS: Did our photographer snap you?

LIVE UPDATES: Family told to give up prisoners if whereabouts known

Capricorn Correction Centre prison generic.   Photo: Chris Ison / The Morning Bulletin

RESIDENTS urged to "be aware" as police search for escapees.

Local Partners

Battle raging over money to fund CQ roads

Funding for CQ's road upgrades is being ripped out of the region leaving our projects languishing at the starting line says QLD Minister.


Win a $1000

GROCERY GIFT CARD!
Learn More

What to expect at Birds of Tokyo's Ipswich gig

The band will perform at the Racehorse Hotel on Friday.

BAND member Glen Sarangapany talks music, pub grub and doing shoeys

What public holidays are left in 2017

Ipswich residents will get the day off tomorrow for the show.

IPSWICH residents will get tomorrow off for the show

Caitlyn comes home to launch debut album

Gympie's Caitlyn Shadbolt will launch here debut album Songs On My Sleeve at an exclusive all-ages concert in Gympie on Friday, May 26.

Win tickets to Caitlyn's album launch

Gladstone turns it on to welcome cruise ship passengers

THOUSANDS of people flocked to our East Shore precinct to soak up some rays, graze our local food trucks and browse locally made hand made crafts.

The 'pirate' ship welcoming Gladstone on board

HISTORIC STEP: Graeme Wylie built the replica 15th century caravel, Notorious.

'Never found the remains': the historic 'pirate' ship

Ben Stiller and Christine Taylor split after 17 years

They were married in May 2000 and have two children, who they said will remain their priority.

Ben Stiller and his wife Christine Taylor have called it a day

Why The Voice hasn't produced a star

Boy George responds to Brittania Clifford-Pugh's heart-warming message.

It's the industry, not the show, says Boy George

These actors hated their movies and didn’t mind admitting it

Channing Tatum and Marlon Wayans in a scene from GI Joe: The Rise of Cobra.

Every year, Hollywood blesses us with plenty of God awful movies.

Miranda Kerr and fiance hang up backyard tent for wedding

The decorators and caterers are arriving for the final preparations for the wedding of Miranda Kerr and Evan Spiegel. Pictures: Splash

Evan Spiegel and Miranda Kerr are set to marry today

Book review: Mia Freedman's book meets her critics head on

I appreciated Freedman's blunt honesty in the book

Man's amazing comeback from monster crisis

Pat O'Driscoll agents Penny Keating and Doug Webber sold 56 Agnes St, The Range at auction over the weekend.

NOT long ago, he sold his possessions to pay staff. Now he's back.

Report reveals progress on $319m airport upgrade

Aerials of the Sunshine Coast.Jetstar plane in front of the Susnhine Coast terminal, Sunshine Coast Airport.

Over two dozen government approvals needed for airport expansion

Lost dough leaves sour taste after company collapse

Kathleen and John Mahoney from Sugar and Spice Bakery were stung after the collapse of Cantro Pty Ltd and are still owed money.

Supermarket operator collapse leaves sour taste for bakery

Open for inspection homes May 25-31

Check out this weekend's homes open for inspection

How Toowoomba house prices compare in Australia

For sale sign in front of home.

Here's what $700,000 will buy you in Toowoomba, Brisbane and Sydney

Ready to SELL your property?

Post Your Ad Here!