QHGP Managing Director Garbis Simonian said that a contract to transport gas to the LNG facility could be enough to secure finances for the pipeline, after a previous foundational agreement to transport 50 PJ/a of gas for 20 years to Chinchilla fell through following QGC’s decision to cancel its 400-600 MW power station.
“We would be very happy to transport their gas,” Mr Simonian said. “What we need is a long-term contract with a blue chip client to transport gas in order to finance the pipeline.”
QHGP are also awaiting a decision from the State Government on electricity privatisation which would make the development of the project more attractive.