The Northern Territory Government has updated its Gas Plan to focus on reliable, affordable and cleaner energy.
The Northern Territory Government said that the plan is a pathway to 2030 that looks at capitalising on what is expected to be one of the most transformational five-year periods in Northern Territory history.
The Gas Plan focuses on key areas, including economic growth, energy security and environmental sustainability.
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.
This updated gas plan outlines the role of the Northern Territory Government, with five enablers and objectives and 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
Success of the new gas plan is expected to be measured by the growth of a diverse industrial base that increases energy production, decreases emissions and generates sustained local economic growth.
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.
Northern Territory Chief Minister, Eva Lawler, said, “My government is taking a commonsense 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 “Industry and Territorians can be assured that the Northern 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.”
Image credit: Nick Brundle Photography/Shutterstock.com.
