Mr Cottee’s reappointment will see him continue as managing director until June 30, 2014, at least six months after the first scheduled delivery in late 2013 of liquefied natural gas (LNG) from Queensland Gas Company’s (QGC’s) world-scale LNG project with the BG Group.

Mr Cottee will focus on QGC’s strategy of becoming Australia’s leading integrated energy company, ideally positioned to meet rising demand in Australia for coal seam gas and gas-fired power stations, and international demand for LNG from the Queensland Curtis LNG Project.

Bob Bryan, QGC chairman, said: We are delighted that the winning formula we struck in late 2002 will continue for another six years with Richard agreeing to remain at the helm.