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NT Government: Securing the future of our gas industry

15 Apr 2024 2:31 PM | Stephanie Berlin (Administrator)

The Territory Labor Government is backing the expansion of the Territory gas industry by investing $2 million each year in the 2024 Budget to conduct a regional monitoring program in the Beetaloo Sub-Basin.

Natural gas from the Beetaloo will provide work opportunities for thousands of Territorians, secure our energy supplies and deliver a huge boost to local businesses across the Territory. 

Supporting the gas industry to grow and provide work opportunities to Territorians is another way we are getting the Territory working.  

The Beetaloo Sub-Basin gas industry has the potential to provide 13,000 jobs by 2040 and increase the Northern Territory’s economic activity by $17 billion.

The monitoring program will ensure we have the strongest environmental safeguards and will build on the baseline data already collected through the Beetaloo SREBA.

The program will ensure our gas industry is developed safely and provide transparent, publicly accessible reporting.

Charles Darwin University will undertake most monitoring activities, including data collection, analysis and public reporting - ensuring Aboriginal engagement, including involvement of ranger groups in data collection.

Quotes attributable to the Chief Minister Eva Lawler:

“I’m focused on getting the Territory working and that’s why it’s important to back the natural gas industry and support its growth.”

“We know that when the gas industry in the Territory grows there will be thousands of new work opportunities for Territorians.”

“We’re backing the industries that get the Territory working.”

Quotes attributable to the Minister for Environment, Climate Change and Water Security Kate Worden:

“We support our gas industry – and this funding will ensure the industry can proceed in an environmentally responsible and safe way.”

“Establishing our gas industry in the region will be a vital part of growing our economy to $40 billion by 2030 and creating thousands of jobs for Territorians over the next 15 years.”

Quote attributable to the Minister for Mining Mark Monaghan:

“Supporting the expansion of our gas industry will help make the Territory an energy powerhouse – and that means more work opportunities for Territorians.”

Source: Northern Territory Government Newsroom

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