ON THE RISE: Chinchilla’s gas industry has continued to create economic growth, despite the pandemic. Picture: File
ON THE RISE: Chinchilla’s gas industry has continued to create economic growth, despite the pandemic. Picture: File

Chinchilla gas industry continues to rise following pandemic

CHINCHILLA continues to benefit from growing exports and economic growth provided by Australia's oil and gas industry according to the latest statistics.

Queensland Government data shows LNG exports accounted for almost 20 per cent of the Queensland's total exports, and rose by 3 per cent to $16 billion over the past the 12 months.

APPEA Chief Executive Andrew McConville said these statistics continue to show how vital the oil and gas sector is for Queensland's regional areas, especially during the COVID-19 challenges.

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"The oil and gas industry has been a powerhouse for Queensland during a particularly tough time and it will continue to be a pillar of the economy for decades to come," he said.

"Today, nearly 30 per cent of Australia's LNG production is located in the state and this underpins high paying jobs and economic growth in regional areas such as Gladstone, Toowoomba, Roma, Chinchilla and Dalby."

Between 2011-2018, Queensland's industry accounted for almost $50 billion in direct spending via business purchases, community and government payments and the sector spent $23.6 billion in regional areas.

These figures showed the industry directly employed 4,600 people, with this supporting indirect jobs in many other parts of the economy.


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