Global gas giants win prime land auctioned off by Qld Govt

A JOINT venture including three of the world's most powerful gas companies has won the first cash auction for prime gas lands put out to tender by the Queensland Government.

Queensland Mines Minister Andrew Cripps revealed the winners at the peak gas conference - APPEA 2013 - during a speech in Brisbane this week.

The "competitive cash bidding" call for tenders by the Department of Mines had companies open their wallets for roughly 150sqkm in two parts of the Surat Basin.

The first 75sqkm area sat 8km west of Miles on the Warrego Highway.

The other of the same size, was about 8km south-east of Condamine, and east of the Leichhardt Highway.

After expressions of interest closed in mid-February, Origin, ConocoPhillips and Sinopec under the banner of Australia Pacific LNG won the right to explore.

Each area was considered "potentially highly perspective areas for oil and gas" by Mines Minister Andrew Cripps.

APLNG is already developing a multi-billion dollar gas network leading to its processing plant on Curtis Island off Gladstone.

Mr Cripps also announced a call for new interests in tenders for 8783sqkm in central, south-western and far north Queensland.

This includes two sites south-west of Surat , two sites each 25km on the eastern and western sides of Moura and another 50km north-east of St George.

The final site is on the Cape York Peninsula.

The new call for tenders closes on November 22.



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