Incitec Pivot Ltd.’s (IPL) joint-venture Range Gas Project in Queensland, in partnership with Central Petroleum Ltd., has been identified by Australia’s Federal Government as a priority gas infrastructure project to receive a targeted grant in the Federal Budget as part of the National Gas Infrastructure Plan released last November, IPL said on April 4.
The grant is to be awarded to the APA Group to accelerate the provision of gas infrastructure to support the Range project, with a focus on pre-Financial Investment Decision (FID) activities.
The Range Project is a coal seam gas project located in Queensland’s Surat Basin. Central has a 50 percent interest in the project through its joint venture with IPL (GM Jan. 29, 2021).