Speaking at the Australian Pipeline Industry Association (APIA) annual Convention and Exhibition held in Cairns, Queensland, Mr Choi said current modelling indicated that a Queensland industry exporting 28 MMt/a of LNG per year could increase gross state product by around $A3 billion.
Mr Choi said that the booming LNG industry would have flow-on benefits for other industries including Australia’s pipelines.
“Through measures such as a light-handed regulatory approach and exemptions from access and pricing regulation for greenfield pipelines, we will see the pipeline industry and the Queensland economy power ahead,” Mr Choi said.
