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Annual review highlights/MINING AND PETROLEUM INDUSTRIES
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NSTL
Queensland's mining and petroleum industries contributed 8.2 billion dollars or 7.8 per cent of gross state product. Releasing the department's annual Queensland Minerals and Petroleum Review of 2002 Mr Malcolm Cremer, acting Deputy-Director General (Mines), said the state's mining and petroleum industries remained the lifeblood of the Queensland economy, contributing 718 million dollars in royalties during 2001-02 alone. 'The state maintained its position as the world's largest seaborne coal trader, exporting to 33 countries around the globe. Coal is Queensland's largest export earner, with overseas sales revenue of 8.7 billion dollars FOB (free-on-board) in 2001-02.