Only users with "Administer entityqueue" should be able to create entityqueues.

In D7 version of the module the permission hierarchy is as following:

Manipulate queues (Access the entityqueues list)
- User can see existing queues

Manipulate X queue (Access to update the X queue)
- User can see existing queues
- User can modify X queue

Manipulate all queues (Access to update all queues)
- User can see existing queues
- User can manipulate existing queues

Administer entityqueue (Administer entityqueue configuration and create, update and delete all queues)
- User can see existing queues
- User can manipulate existing queues
- User can create new queues

D8 version of the module behaves as following:

Manipulate queues (Access the entityqueues list)
- User can see existing queues
- User can create new queues (Bug)

Manipulate X queue (Access to update the X queue)
- User can see existing queues
- User can modify X queue
- User can create new queues (Bug)

Manipulate all queues (Access to update all queues)
- User can see existing queues
- User can manipulate existing queues
- User can create new queues (Bug)

Administer entityqueue (Administer entityqueue configuration and create, update and delete all queues)
- User can see existing queues
- User can manipulate existing queues
- User can create new queues

In addition, in D8 version Manipulate queues and above all see Configure and Disable actions on individual queues. However, these actions don't do anything.