Petroleum and gas: Queensland is a global powerhouse
Queensland is a global leader in liquefied natural gas (LNG) exports, supplying more than 24 million tonnes in the 2024–25 financial year, and ranked among the world’s top producers. With more than 29,000 petajoules of proven and probable gas reserves—enough to meet demand for more than 2 decades—Queensland offers investors secure, scalable, and long-term opportunities in a sector essential to global energy security and the renewable transition.
The gas industry is well regulated in Queensland, with strong government support and technically advanced operators, delivering low-risk investment and proven performance in global markets.
Reliable supply, infrastructure and market access
Queensland delivers gas at scale. More than 15,000 producing wells supply both domestic and export markets, supported by an integrated network of pipelines and processing facilities.
Three world-class LNG export terminals, located at Gladstone and Curtis Island, provide direct access to Asia’s largest LNG consumers, including China, Japan, South Korea, and India.
Future-ready and sustainable development
Queensland continues to invest in low-emissions technologies and innovations, ensuring gas production remains aligned with global energy transition objectives.
Natural gas not only supports export growth but enables renewable integration, providing reliable backup power and feedstock for cleaner industrial processes.
This balanced approach, combining export strength with emissions management, ensures Queensland’s gas industry remains competitive and future-focused.
Secure and diverse investment opportunities
Queensland’s gas industry includes multinational joint ventures, mid-tier explorers and producers, and emerging operators, providing investors with multiple entry pathways. Supported by abundant reserves, and established infrastructure, Queensland offers both stability and long-term growth potential. For investors this means:
- decades of supply security from large, proven reserves
- low-risk participation through established operators
- diverse project scales, from LNG to domestic supply
- long-term export opportunities supported by strong global demand.
Fast facts
Reserves and production
- More than 29,000 petajoules of proven and probable reserves.
- More than 15,000 producing gas wells.
Infrastructure
- Three world-class LNG terminals at Gladstone and Curtis Island.
- Extensive pipeline network connecting basins to export hubs.
Market and investment
- 24 Mt LNG exported in 2024–25 financial year.
- Mix of multinational and mid-tier operators.
- Long-term supply agreements providing stable returns
More information
Explore related investment opportunities in coal and critical minerals across Queensland’s resource industries.
- Last updated
- 15 May 2026
- Last reviewed
- 11 July 2025