OPERATIONS

Cost cutting Qld builds global competitiveness

QUEENSLAND'S oil and gas sector has 20% of operations in the first quartile (bottom 25% of global costs) and 60% in the first two quartiles, showing its cost-cutting moves have made it among the most competitive in the world, new figures show.

Anthony Barich

Cost cutting Qld builds global competitiveness

The Queensland Resources Council's quarterly State of the sector report for March stated that while the industry was yet to return to the situation in 2008 when all Queensland operations were in the bottom...

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