PCQ INVESTS $80,000 IN WATER FOR BOWEN PROJECT
Ports Corporation of Queensland (PCQ) has provided $80,000 to the Water for Bowen project to assist in progressing the project to the next stage.
The announcement was made today by PCQ Chairman, Leonie Taylor, during a visit to Bowen.
While in Bowen, Ms Taylor and the other PCQ Board of Directors met with Bowen Shire Council Mayor, Mike Brunker and Bowen-Collinsville Enterprise’s Dave Nebauer.
The PCQ Board is in Bowen today as part of a regional trip which will include an inspection of expansion works at the Abbot Point coal export terminal.
Ms Taylor said, “The importance of water to the Bowen/Abbot Point area and the region in general cannot be under-estimated and the resource forms a vital part of Bowen’s attraction of new industry and development and future growth.
As the owner of Abbot Point Coal Terminal, PCQ has started a Stage 2 Expansion project for the facility which will take capacity from the current level of 15 million tonne per annum (mtpa) to 21mtpa. The project is valued at $116 million.
“While the terminal is supplied by ground water, natural supplies are limited. This investment will allow PCQ to access a dedicated 3,000 mega litres per annum which is the amount that a general industrial development at Abbot Point would require,” Ms Taylor said.
The Stage 2 works involve expanding the existing stockyard area by building an additional bund which will carry a new stacker/reclaimer. Major civil works are scheduled to be finished by December 2006 and Stage 2 is expected to be commissioned in 2007.
The Water for Bowen project plans to channel and pipe around 100,000 mega litres per annum from the Burdekin Dam to Bowen for town, industrial and irrigation purposes.
ends
5 July 2006
For further information:
Gary Campbell
Corporate Relations Manager
Ports Corporation of Queensland
Ph: (07) 3224 4346
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