QGC creates opportunities for local businesses

QGC has launched a new policy and strategy to make it simpler for community and regional businesses to be part of its supply chain. Managing Director Tony Nunan said that in response to community feedback, the changes made will ensure local businesses had full, fair and reasonable opportunity to compete for QGC business.

“Actively encouraging local procurement is one of the four objectives of our new Local Content Policy,” Nunan said.“Businesses can now register their interest in working with us through our website free of charge. These measures will help QGC build on its track record of creating opportunities for local business as we work to supply natural gas to businesses and homes in Australia and beyond.”

Data from the 2015 financial year shows QGC’s investment and operational spending was AUS$6.2 billion with over 1700 Australian suppliers. Queensland was the main beneficiary with 71% or AUS$4.5 billion in spending. QGC spent AUS$400 million with almost 700 suppliers located in eight regional Queensland local government areas where QGC operates.

Nunan said that while procurement results in 2015 reflected the end of construction of the first phase of the QCLNG project, the company’s 2016 spend will benefit from the AUS$1.7 billion Charlie development announced in November 2015.

“An Australian Industry Participation Plan is being developed for the Charlie project,” Nunan said. “To date, main works contractor, CPB Contractors, has already awarded 24% of almost AUS$100 million in sub-contracts to businesses located in the Surat basin.”

Local businesses have already begun work on the project such as FKG Group of Toowoomba, which has begun work on a AUS$16 million contract to widen a local road.

Adapted from press release by Rosalie Starling

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