Queensland Alumina scraps gas power plant plans
The company had planned a co-generation gas power plant at its Gladstone refinery to reduce its greenhouse gas emissions, which would have powered about a third of the refinery.
The refinery is minority-owned by the Russian company Rusal.
Its Australian chairman, John Hannagan, says current energy policies do not favour using gas. "The Government wanted to reduce emissions and as a consequence introduced a tax to drive us to another fuel - in this case the push was for gas," he said.
"Unfortunately that wasn't done and as a consequence we really don't have access to a competitive domestic fuel source."
Earlier this week, the Federal Government announced it is investigating the effects of reserving some gas for domestic users.
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