New Gulf Water Licences to be Issued

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New Gulf Water Licences to be Issued

The Queensland Department of Natural Resources and Mines has released its Tender Assessment Report into the sale of general reserve unallocated water under the Water Plan (Gulf) 2007 (QLD). The tenders were made over Gulf catchments where 264 550 megalitres (ML) of unallocated water was made available for irrigated agriculture. Water was priced at a minimum of $45 per ML but tenders submitted ranged up to $200 per ML. Eight tenders received water licences with 100 000 ML allocated in the Flinders, Gregory and Leichhardt catchments with the total amount paid for the licences being $ 10 010 000.

 

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