Oil and Gas News

New QLD ministry to boost oil and gas sector

The Australian oil and gas industry has welcomed the new ministry announced by Queensland’s premier Annastacia Palaszczuk.

As the Palaszczuk Government enters its third term, the 18 ministerial positions have now been decided.

Of the 18 positions, it has established a Minister for Renewables and Hydrogen, which is a new portfolio, that Springwood MP Mick De Brenni will have alongside his roles as Minister for Energy and Minister for Public Works and Procurement.

Townsville MP Scott Stewart, who is one of three newcomers, has been named as Minister for Resources.

Another new portfolio, Minister for Water, was appointed to Gladstone MP Glenn Butcher who will also be the Minister for Regional Development and Manufacturing.

APPEA Queensland director Georgy Mayo said the oil and gas body is looking forward to working with the new ministry, particularly the Minister for Resources and Minister for Regional Development, Manufacturing and Water.

“Scott and Glenn, who both come from regional Queensland, have first-hand experience of the importance of the sector to regional Queensland and the wider economy,” Mayo said.

In addition, Meaghan Scanlon, 27, the youngest person to join the Queensland ministry, has also been named Minister for the Environment and the Great Barrier Reef and Minister for Science and Youth Affairs, while Cameron Dick is Treasurer and Minister for Investment.

“APPEA also welcomes the appointment of the Minister for Environment Meaghan Scanlon, Minister for Energy, Renewables and Hydrogen Mick De Brenni and Treasurer and Minister for Investment Cameron Dick, whose portfolios all have an important role in working with industry in the post-COVID recovery,” Mayo said.

Mayo added that the oil and gas industry has invested more than $70 billion into Queensland’s economy over the last decade and is now a mainstay of the Queensland economy with companies continuing to invest billions of dollars each year in ongoing exploration and development.

“As a major driver of Queensland’s economy, the oil and gas sector is committed to working with the new government and ministry to address the many challenges ahead for the state’s economic recovery,” she said.

“Our sector has a long and proud history of engaging with the government to grow the industry. We are also fully committed to partnering with the government on the recovery process and working to implement our comprehensive 20-point plan to help the state grow.”