BUSINESS FORECASTING – QUEENSLAND

Adani downsizes, cuts new job numbers to as low as 800

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Original article by Sarah Elks
The Australian – Page: Online : 4-Jun-19

Doubts have emerged as to how many ongoing jobs would be created at Adani’s Carmichael coal mine if the $2bn project goes ahead. A spokeswoman says the project would create 1,500 direct jobs and 6,750 indirect jobs during the ramp-up and construction phases. She adds that the number of jobs when the mine becomes operational will be in line with open-cut coal mines of a similar size in Queensland, which is between 800 and 1,500. Adani had originally flagged the creation of about 5,000 operational jobs at Carmichael, before the size of the project was scaled back.

CORPORATES
ADANI MINING PTY LTD, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, THE AUSTRALIA INSTITUTE LIMITED

Price rout casts doubt on expansion

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Original article by Angela Macdonald-Smith
The Australian Financial Review – Page: 15 : 14-Mar-16

EnergyQuest’s Graeme Bethune has downplayed suggestions that some of the Queensland LNG production trains may be put on hold. The three projects will eventually have six trains, and Credit Suisse and RBC Capital Markets are among the firms which believe that at least one train could be mothballed amid a downturn in commodity prices. Santos and Origin Energy have indicated that the second trains of their LNG projects are expected to commence production on schedule.

CORPORATES
ENERGYQUEST, CREDIT SUISSE (AUSTRALIA) LIMITED, RBC CAPITAL MARKETS, SANTOS LIMITED – ASX STO, ORIGIN ENERGY LIMITED – ASX ORG, AUSTRALIA PACIFIC LNG LIMITED, GLADSTONE LNG PTY LTD, QUEENSLAND CURTIS LNG PTY LTD, ROYAL DUTCH SHELL PLC, AUSTRALIAN ENERGY MARKET OPERATOR LIMITED