The Palaszczuk Government's policies to deliver gas to the domestic market has been exposed as hot air, with none of the initiatives currently delivering any additional gas to domestic consumers.
Despite today announcing a preferred tenderer for one lease in the Surat Basin, LNP Shadow Mines Minister Andrew Cripps said Labor was unable to guarantee this development or other tenements will, in any way, lower gas prices in Queensland.
"Labor’s Minister Anthony Lynham has admitted that no modelling has been done to determine if their policies will have any impact whatsoever on domestic gas prices or supply," Mr Cripps said.
"Despite all the hype and spin, the Minister has no idea if the tenure reservation policy will have any impact on the domestic supply or price of gas - Labor is effectively flying blind.
"I asked him a straight question during Estimates in July – ‘when will those gas tenures released under Labor's policy first produce gas for consumers in the domestic market?’
"Labor’s Anthony Lynham admitted that the market would determine when the gas would ultimately be produced.
"He can't even deliver a Gas Supply and Demand 'Action' Plan on time - it's already 18 months late having been originally promised by Labor in early 2016."
Mr Cripps said the Palaszczuk Government was grandstanding on the issue of domestic gas supply by criticising the New South Wales Government for failing to develop its gas reserves, despite being unable to ensure Queensland domestic consumers will access a secure and affordable supply of gas.
