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Securing the Territory’s Energy Security – updated Gas Plan released

30 Jul 2024 8:28 AM | Anonymous

The Lawler Labor Government is continuing to take a common sense approach to securing the Territory’s energy future.

Today, the Lawler Labor Government has released the updated Northern Territory Gas Plan – A pathway to 2030 that looks at capitalising on what is expected to be one of the most transformational, five-year periods in NT history.

The Plan focuses on key areas – Economic Growth (work), Energy Security (keeping the lights on) and Environmental Sustainability (emissions reduction). 

Reliable, affordable and cleaner energy is the key focus; and can be done as the Lawler Government keeps public assets in public control. 

Since April 2024, the Lawler 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 NT Government, with five enablers and objectives. It also includes a clear action plan to achieve these objectives.

  1. Partnerships - Forging the relationships required to streamline development
  2. Local Workforce and Supply Chains – Building a workforce for the future
  3. Planning and Infrastructure – coordinating and planning the delivery of hard and soft infrastructure required for significant industry development
  4. Regulation – Maintaining a contemporary regulatory environment that balances effectiveness with efficiency
  5. Investment – Facilitating public and private investment to build capacity and capability

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.

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 - https://territorygas.nt.gov.au

Source: Northern Territory Government Newsroom

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