Premier Fast Tracks Oil Development

Queensland Premier David Crisafulli has called on the Federal Government to fast-track approvals for a major new oil development in Queensland, describing it as a “generational opportunity” to strengthen Australia’s fuel security.

Speaking from the Taroom Trough, the first oil field developed in Australia in half a century, the Premier said the project would play a critical role in reducing the nation’s reliance on overseas fuel supplies.

“National fuel security is about drilling, refining and storing fuel locally,” Mr Crisafulli said.  

“We’re determined to lead the country and make it happen.”

The Queensland Government has moved to accelerate the project through a newly established Taroom Trough Development Plan, aimed at streamlining approvals and cutting delays.

Mr Crisafulli said the state was now urging Canberra to match that approach by placing the project under the National Interest Fast-Track Assessment Pathway.

“We’re asking for it to be assessed under the National Interest Fast-Track Assessment Pathway to remove duplicated approvals and get fuel flowing to Australians quicker,” he said.

The Premier framed the development as a strategic necessity amid growing global uncertainty, warning Australia risks falling behind if it fails to act.

“This is a generational opportunity to ensure we’re not left at the end of a global supply chain,” he said.

If approved, the Taroom Trough project is expected to mark a significant shift in Australia’s domestic energy production, with the potential to bolster both economic growth and national resilience.

CAPTION: Premier David Crisafulli at Taroom Trough in South East Queensland on Wednesday. Photo supplied

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