INCREASED investment in the LNG industry has been tipped to boost jobs in Queensland.
Premier Anna Bligh welcomed the investment by Chinese oil giant Sinopec who has amended its deal with Australia Pacific LNG and will now buy 7.6 tonnes per annum (mtpa) of LNG through to 2035, up from 4.3 million (mtpa).
Sinopec said it would also increase its share holding in Australia Pacific LNG from 15% to 25%.
The Observer
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