QLD coal seam gas producers could pay more under new govt

The humiliating defeat of Anna Bligh and her Queensland Labor party by the Liberal National Party could have big impacts for coal seam gas producers who want to explore on farming land.

As part of its campaign, Campbell Newman’s LNP party promised to compensate those impacted by mining, including farmers, in a “full and fair” way, which would include the company paying any legal costs, as well as compensation for loss of future development opportunities, The Financial Review reports.

Companies would also be required to spend time negotiating with resource companies, and CSG producers may be forced to make their contracts with landowners available to the public.

There are currently almost $50 billion worth of CSG projects under construction in Queensland, mostly owned by companies including Santos, Origin Energy and BG Group.

However MP Bob Katter doesn’t believe the LNP will behave any differently towards CSG than Labor did, warning Queenslanders they would soon find out ‘they voted in a similar animal’ to Labor, singling out issues such as growing community opposition to coal seam gas mining.”

‘The majority of things they are angry about they will face under a Liberal government with a bigger majority,’ he said.

Are you a Queensland farmer facing possible CSG exploration or drilling? How do you think the LNP government will be different?

Send this to a friend