The Territory Labor Government is developing the highly prospective Beetaloo Sub-basin onshore gas resource in the Northern Territory, to provide energy security that will support the transition to renewable energy and relieve current supply shortages.

Deputy Chief Minister, Nicole Manison will attend the Australian Petroleum Production and Exploration Association (APPEA) conference in Adelaide to raise the profile of the Northern Territory as an attractive destination for investment.

This conference is a key opportunity to promote the development of the Northern Territory’s on-shore gas industry, and engage directly with key stakeholders to facilitate the growth of the Beetaloo in step with the Territory’s competitive advantages to create jobs.

This year the conference will highlight and discuss real solutions to address energy security, achieving net zero emissions and evolving technology for decarbonisation.

The Northern Territory’s Department of Industry, Tourism and Trade will lead a presentation on the Northern Territory’s Carbon Capture and Storage Hub, which includes a virtual reality experience of the Middle Arm Sustainable Development Precinct.

Quotes attributable to Deputy Chief Minister, Nicole Manison:

“The Northern Territory is on the cusp of a new economic era as we power towards a $40 billion economy by 2030, and our world class energy resources will help achieve this target.

We have significant potential to be a trusted, reliable gas supplier that will be central to secure and affordable energy both nationally and internationally, and the APPEA conference provides opportunities to develop the industry and increase investment in the Territory.

It is critical that we maintain and accelerate this growth as it has the potential to benefit all Territorians, and the Northern Territory Government will continue to ensure we are the best and easiest place to do business to give industry certainty moving forward.”

Source: NT Government Newsroom