The Queensland state government on Wednesday announced the opening up of nine new areas for gas exploration across the Cooper/Eromanga and Bowen/Surat Basins to boost future supply.
The government asserted that the initiatives aim to unlock supply and stimulate new gas investment, thereby lowering energy prices.
“The best way to bring down energy prices is to have more energy in the market, and that starts with exploration”, Minister for Natural Resources and Mines Dale Last said.
