A $750 MILLION gas expansion by Santos in south-west Queensland will create 400 construction jobs and boost the state's gas production to 70 percent of the east coast supply.
The mining company will massively expand its Roma East fields over three years.
The State Government has backed the development and Mines Minister Anthony Lynham said Santos' investment in the Roma East Field would mean jobs, business opportunities, and royalties for Queenslanders.
"This development will offer jobs, as well as significant local business opportunities, with 430 wells to be drilled, 420 km of pipelines to be installed and 670 km of powerlines to support the new gas infrastructure," he said.
"Queensland continues to be Australia's gas powerhouse, producing 70 percent of the total east coast gas supply."
Santos' executive vice president Brett Woods said that as a proud Australian company, Santos was delighted to support jobs and investment in regional Queensland.
"The Roma East Project is part of a $900 million capital investment that Santos and our GLNG partners will make in upstream developments in the Maranoa, Western Downs, Central Highlands and Banana regions this year alone," he said.
"This project will add nearly 50 PJ a year to gas production in Queensland in 2020 - equivalent to about 8 percent of expected east coast domestic gas demand this year. This is great news for both the domestic gas market and our LNG exports."
The Roma East project, which started earlier this month, will be developed over the next three years. The project involves bringing on line another 480 wells including drilling around 430 new wells.
As part of the project, 430 wells will be drilled, 420km of pipelines laid and 670km of power lines installed in Maranoa, Western Downs, Central Highlands and Banana.