Stage 1 of the Gloucester Gas Project has been approved by the Commonwealth Department of Sustainability, Environment, Water Population and Communities under the Environment Protection and Biodiversity Conservation Act 1999 (EPBC Act). The EPBC Act approval contains 36 conditions relating to protecting matters of national environmental significance as well as for the protection of groundwater. The EPBC Act approval is valid until 2062. The Gloucester Gas Project is wholly owned and operated by AGL and can potentially meet the annual gas needs of more than a million New South Wales homes. Stage 1 will include up to 110 gas wells and associated infrastructure. The project currently provides 12 local jobs and will create significant local employment opportunities during construction and operation.