The Northern Territory Government has unveiled the Northern Territory Gas Plan – which outlines a pathway to 2030.
The plan focuses on three key areas – economic growth (work), energy security (keeping the lights on) and environmental sustainability (emissions reduction).
The Territory Government said that reliable, affordable and cleaner energy is the key focus for the plan, which can be achieved as public assets are kept in public control.
Since April 2024, the Northern Territory Government has signed energy security arrangements with three gas producing companies who are also providing working opportunities in the Territory.
The updated gas plan outlines the role of the Northern Territory Government, with five enablers and objectives. It also includes a clear action plan to achieve these objectives.
- Partnerships – forging the relationships required to streamline development
- Local workforce and supply chains – building a workforce for the future
- Planning and infrastructure – coordinating and planning the delivery of hard and soft infrastructure required for significant industry development
- Regulation – maintaining a contemporary regulatory environment that balances effectiveness with efficiency
- Investment – facilitating public and private investment to build capacity and capability
The Territory Government said that success of the new gas plan will be measured by the growth of a diverse industrial base that increases energy production, decreases emissions and generates sustained local economic growth.
Northern Territory Chief Minister, Eva Lawler, said “My Government is taking a common sense approach to securing the Territory’s energy supplies to ensure we have reliable and affordable power for Territorians and Territory businesses.”
“Through this Gas Plan we will continue to provide the working opportunities and business boosting projects.”
Northern Territory Minister for Mining, Mark Monaghan, said that industry and Territorians can be assured that the Territory Government will continue to back projects and industry that get the Territory working.
“Since April we have signed three gas deals that signifies that we are open for business,” Mr Monaghan said.
Further planning for industry infrastructure is also underway, with $367 million committed to gas industry road upgrades for the Beetaloo Basin and the Carpentaria Highway.
To view the plan visit, territorygas.nt.gov.au
Featured image: Benny Marty/shutterstock.com
