Independent journal on economy and transport policy
13:44 GMT+1
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Slowly in order to quadruplicate the ability to coal export of the Australian port of Abbot Point
Previewed investments for nine billions of dollars
December 1, 2011
The government of the Australian State of the Queensland has preannounced today the start of a plan for a consisting expansion of the port of Abbot Point whom he previews to increase the number of the terminals from current the three to nine with an investment previewed of about nine billions of Australian dollars (USA 9,2 billion dollars). The objective of the project - the prime Minister of the Queensland, Anna Bligh has explained, is to make of Abbot Point one of the main ports of coal export of the nation and the world.
Draft - the Prime Minister has said - of an important innovation that it will determine a great economic increase in the northern Queensland, creating tens of thousands of places of work potentially. The super expansion of Abbot Point will put upsets the local economy and will increase the exports of the Queensland towards the world. Draft - it has added - of a remarkable certificate of confidence in the increase in the long term of the field of the resources of the Queensland that will create occupation is locally that in all the State". The project - Anna Bligh has explained - "will per year increase to the ability to export of the port almost 400 million tons making of one of the greatest world-wide terminals for the export of coal. Now the selected companies will pass to the next phase of the contractual negotiations for the realization of the new carboniferous terminals in the port"
They are in fact you are the enterprises or selected groupings of enterprises in order to realize the expansion of the Australian port with the realization of six new terminals that will join to the current terminal of export T1 and to the two terminals realized from BHP (T2) and Hancock (T3). Draft of Anglo American Metallurgical Coal, Macmines Austasia, North Queensland Coal Terminal (consortium constituted from Macarthur Coal, Peabody Energy, New Hope Corporation, Middlemount Coal and Carabella Resources), River Tinto Coal, Vale and Waratah Coal.
Now the selected companies will start commercial negotiations with the North Queensland Bulk Ports Corporation, the harbour authority that manages the ports of Abbot Point, Hay Point, Mackay, Maryborough and Weipa.
During the last few years the port of Abbot Point has increased considerably its ability to exports passing from 15 million tons in 2007 to the 50 million one tons in 2011. The new one slowly will allow to increase ulteriorly the ability reaching about 385 million tons in 2017.
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