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  • 30 Jun 2022 4:55 PM | Stephanie Berlin (Administrator)

    29 June 2022

    The Territory Labor Government has released the NT Infrastructure Strategy 2022 to 2030 and the NT Infrastructure Plan and Pipeline 2022 which build the foundations for a sustainable and diverse $40 billion economy by 2030.

    Government’s vision is for infrastructure investment that enables growth of the Territory economy and population, and supports well-being and quality of life for all Territorians, underpinned by sustainability and resilience.

    The Territory’s new Infrastructure Framework provides a clear direction and whole-of-government leadership for project planning, development and delivery, including:

    • A refocused Strategy 2022 – 2030 to outline the Government’s vision;
    • A new Audit Series to assess needs, analyse gaps and identify reforms;
    • A refocused Plan Series to provide an enabling infrastructure roadmap; and
    • A new Pipeline Series outlining funded projects that will be delivered in the short term to assist industry with workforce capability and capacity decisions.

    The Framework, Strategy and Plan and Pipeline have been informed by consultation with Northern Territory and Australian government agencies, local government, land councils, industry representative bodies and the private sector.

    Supporting this vision are the industry sectors that will grow our economy, and subsequently our population growth – emerging industries, agribusiness, tourism, lifestyle, resources and defence and national security sectors - and the enabling infrastructure ecosystems to support this growth, including transport and logistics, utilities, social infrastructure and land.

    The Plan and Pipeline provides a detailed roadmap to the investments that will enact Government’s vision of a sustainable and diverse $40 billion economy by 2030.  It aligns with Infrastructure Australia’s national priorities and takes a place-based approach, which was strongly supported through consultation feedback. The Plan and Pipeline identifies projects, programs and proposals that will address challenges and capture opportunities in each of the regions throughout the Territory from a nationally significant perspective, Territory-wide view and from within the six distinct regions.

    The new NT Infrastructure Audit will be completed in 2 phases. Phase 1 comprised a desktop study of existing material.

    Phase 2 of the Audit will provide a gap analysis of existing baseline infrastructure and service level standards, identify reforms to harness opportunity and address challenges in the mid-term to 2030 and the longer term to 2050.

    To view the Infrastructure Plan visit https://dipl.nt.gov.au/strategies 

    Source: NT Government Newsroom

  • 28 Jun 2022 4:00 PM | Stephanie Berlin (Administrator)

    MOU signed with Jemena, securing access to the Northern Gas Pipeline for the proposed 100 TJ per day Maverick Pilot Development

    Highlights 

    • Tamboran and Jemena have signed a binding Memorandum of Understanding (MOU) to enable Tamboran to contract ~100 TJ per day of firm capacity through the Northern Gas Pipeline (NGP), subject to applying NGP Access Principles, under a long-term gas transportation agreement.
    • The long-term transportation access agreement with Jemena will support the sanctioning of the proposed Maverick Pilot Development, planned for the end of calendar year 2023. 
    • Over calendar years 2022 and 2023, Tamboran plans to drill three horizontal wells within EP 136. Based on a Netherland, Sewell and Associates, Inc (NSAI) maturation study, if successful, these wells could deliver approximately 1 trillion cubic feet (TCF) of 2C contingent resources, sufficient to support the proposed Maverick Pilot Development. Tamboran is targeting initial production from the development by the end of calendar year 2025. 
    • Tamboran will now commence Front End Engineering and Design (FEED) studies to progress the proposed Maverick Pilot Development. 
    • Tamboran will commence stakeholder engagement activities for the selected pipeline route and secure NGP access agreements with Jemena, planned to be completed during the second half of calendar year 2022. 
    Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:

    “It is strategically important for Tamboran to secure access to the Jemena-owned Northern Gas Pipeline, an important piece of infrastructure and currently the only gas pipeline route connecting the Northern Territory to Australia’s East Coast gas market.

    “The binding MOU contemplates Tamboran securing firm capacity on the NGP of approximately 100 terajoules per day, which will support the sanctioning of the proposed Maverick Pilot Development.

    “If the planned three well drilling program within our EP 136 permit is successful, we expect to book approximately 1 TCF of 2C contingent gas resources, convertible to 2P gas reserves upon finalisation of a gas sales agreement, which will support the Maverick Pilot Development. Production is targeted to commence by the end of calendar year 2025, delivering much needed gas molecules to the East Coast.

    “Tamboran will now fully fund FEED activities for the proposed Maverick Pilot Development, which will involve the potential to integrate renewable technologies, in line with our aspiration to be a Net Zero gas producer when production commences.

    “Over the past two years, the Tamboran and Jemena teams have built a strong relationship, evaluating the most cost effective and efficient way to bring Tamboran’s low-carbon dioxide gas in the Beetaloo to Australia’s East Coast gas market.

    “With the current state of the gas crisis on Australia’s East Coast, we are proud to play a part in the solution to not only deliver low-cost gas to Australian households, businesses and manufacturers, but also help reduce carbon dioxide emissions in the region where approximately 60 per cent of electricity generation is still from coal fired power.

    “Development of the Beetaloo Sub-basin is expected to support Australia’s energy security and drive significant economic activity within the Northern Territory. This includes potential generation of billions of dollars in royalties to the Northern Territory Government and the creation of approximately 4,000 jobs in the region.

    Source: Tamboran Resources

    View full ASX Announcement here

  • 27 Jun 2022 3:54 PM | Stephanie Berlin (Administrator)

    ASX Announcement

    Highlights

    • Tamboran has commenced an 85-kilometre 2D seismic acquisition program within its 100 per cent owned and operated EP 136 acreage, as approved by the Northern Territory Government, with a valid Aboriginal Areas Protection Authority (AAPA) Authority Certificate (AC).
    • The seismic program includes twelve seismic lines allowing for enhanced resolution of the Mid Velkerri ‘B shale’ formation within the ‘Core’ Beetaloo Sub-basin
    • Approved civil works commenced in early June with the construction of access tracks, three well pads and a camp pad. The first control monitor water bore well is currently being drilled. 
    • Civil works are expected to be completed ahead of drilling the Maverick 1H (M1H) well, which is targeted to commence drilling in the third quarter of calendar year 2022. 

    Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said: “We have formally commenced our 2022 civil activities within our 100 per cent owned and operated EP 136 permit, within the ‘Core’ Beetaloo of the Northern Territory. The activities will be undertaken in accordance with the Environmental Management Plan, approved by the Minister for the Environment, and all associated approvals or instruments including an Exploration Agreement with Native Title Holders (as identified by the Northern Land Council) and an AAPA Authority Certificate.

    “Despite unlawful attempts by the pastoral leaseholder to frustrate our approved exploration activities, civil works are expected to be completed ahead of the commencement of drilling the M1H well, which is presently on track for the third quarter of calendar year 2022.

    “We believe the M1H well is one of the most exciting wells to be drilled in Australia during 2022. Drilling of the M1H well will be a significant milestone for the Company, as our first operated well, and for the future commercialisation of the Beetaloo Sub-basin. This occurs at a time when gas price volatility and price rises on Australia’s East Coast have reached record levels following years of under-investment in new gas supply.

    “The hearing of appeal proceedings in the Northern Territory Supreme Court, brought by the foreign-owned pastoral leaseholder Rallen, concluded on 21 June 2022. The appeal followed the favourable decision in Northern Territory Civil and Administrative Tribunal that supported Tamboran’s planned activities. The Company is eagerly awaiting an outcome

    “Rallen have subsequently applied for an injunction relating to Tamboran’s EP 136 activities within Tanumbirini Station. Notwithstanding the application, Tamboran’s approved activities within EP 136 are continuing and the Company will update the market if there are any material developments.” This ASX announcement was approved and authorised for release by the Disclosure Committee of Tamboran Resources Limited.

    Source: Tamboran Resources

    View full ASX Announcement here 

  • 24 Jun 2022 10:26 AM | Stephanie Berlin (Administrator)

    The $35 billion solar power export venture Sun Cable is primed to ramp up efforts to attract government and private backers to meet its target of a final investment decision by early 2024, after it was deemed “investment-ready” by Infrastructure Australia.

    The move by the federal government’s infrastructure adviser opens up the ambitious project – involving exporting power from an outback solar farm in the Northern Territory through a 4200-kilometre cable to Singapore – to potential funding by government agencies. Those include the Northern Australia Infrastructure Facility and Clean Energy Finance Corporation, and potentially Export Finance Australia.

    “Having passed through that third-party analysis is very helpful and puts us in a good starting position for discussions with NAIF and the CEFC,” said Sun Cable managing director David Griffin.

    “Now that we have passed this milestone with IA we’re at the start of a process to ramp up our financing efforts, for equity and debt for the project. We will be needing support from a wide range of lending entities, and we will look to all those opportunities.”

    Infrastructure Australia said the project, which is backed by billionaires Mike Cannon-Brookes and Andrew Forrest, “is strongly aligned with government priorities around development of northern Australia and transition to less carbon-intensive forms of energy”.

    It pointed to “highly positive” public benefits from the project, including lower cost energy in the Northern Territory, establishing a new renewable energy export sector to South-East Asia, and spurring new economic activity to deliver the project and among industrial users.

    It estimated that the project would cut the cost of electricity in Darwin by about 12 per cent, and improve quality of life by reducing greenhouse gas emissions. Those benefits were valued at $184 million and $3.15 billion, respectively.

    The venture raised $210 million in a series B funding round earlier this year, but must raise multiples of that to reach financial close in early 2024. Macquarie Capital is advising on funding.

    Infrastructure Australia noted the benefits estimate for the project “are premised on the proposal being largely developed on a commercial basis with private funding”, and said those are dependent on Sun Cable securing contracts for its output.

    Mr Griffin pointed to “strong industrial demand” in Darwin for power, as well as interest from end users and others in Singapore.

    “We are very happy with progress in both markets,” he told AFR Weekend.

    The project involves the construction of a huge solar farm in the Barkly region backed up by batteries on site and near Darwin, and a high-voltage cable from the site through Indonesia and to Singapore.

    It is estimated the project will deliver $8 billion in investment in Australia and $2 billion in annual export revenues, starting in 2028, roughly the same as the dairy industry today.

    Construction is planned to start in 2024, with electricity to be supplied to Darwin in 2027 and full operations by 2029.

    Northern Territory Chief Minister Natasha Fyles said the project would position the Territory as “a renewable energy powerhouse” and establish a new energy export industry.

    Sun Cable has taken on several heavyweight advisers and partners to help advance the project, including PwC, engineering giant Bechtel, Hatch, risk adviser Marsh, and SMEC, a specialist engineering and design consultancy owned by the Singapore government’s Surbana Jurong Group.

    Electricity from the venture is intended to displace imported gas for Singapore, reducing its reliance on a fuel for which prices have surged in recent months and which contributes to global warming when burnt.

    Source: Financial Review

  • 21 Jun 2022 12:04 PM | Stephanie Berlin (Administrator)

    21 June 2022

    Social, Cultural and Economic SREBA Studies on-country engagement

    The Strategic Regional Environmental and Baseline Assessment (SREBA) Social, Cultural and Economic Study (SCE Study) is a key recommendation from the Scientific Inquiry into Hydraulic Fracturing in the Northern Territory. The Department of the Chief Minister and Cabinet contracted University of Queensland (UQ) to undertake the SCE SREBA study.

    An Aboriginal Knowledge Protocol, drafted in consultation with local Aboriginal interest and representative organisations, outlines principles for engagement and the sharing of Aboriginal knowledge and is in place to guide and help build cooperative relationships and trust between UQ researchers and contractors, and Aboriginal participants in the study. Also available in plain English, the Protocol can be found here. The Protocol remains a ‘living’ document that UQ will revise and improve as required.

    During April 2022, UQ consulted in Katherine and Tennant Creek as well as online with stakeholders about data collection and data gaps for community profiles in the Beetaloo region.

    UQ commenced on-country engagement in May with an initial visit to Borroloola. In June the team visited communities between Katherine and Minyerri. With assistance from local anthropologists, community leaders and the Northern Land Council, researchers spoke with community members and community group representatives. UQ collected data and narratives about important socio-economic and cultural attributes and heard perspectives of what it is like living in the region.

    Future engagement is planned with communities and pastoralists across the Beetaloo in June and July 2022. UQ is ensuring a flexible approach to engagement and is operating with high COVID-19 precaution, including rapid testing before and during community visits.

    If you would like to speak with the UQ team please contact
    sce-sreba@uq.edu.au.


    Please direct all correspondence to:
    Hydraulic Fracturing Inquiry Implementation Taskforce
    GPO Box 4396, Darwin NT 0801
    T 08 8999 6573
    E hydraulic.fracturing@nt.gov.au
    W hydraulicfracturing.nt.gov.au

  • 08 Jun 2022 9:34 AM | Stephanie Berlin (Administrator)

    6 June 2022

    The Territory Labor Government is taking the next steps towards a renewable future with a range of initiatives commencing 1 July 2022 aimed at increasing the uptake of electric vehicles in the Northern Territory.

    With renewable energy and electric vehicles, the average NT household could reduce vehicle-running costs as well assist the Territory in hitting our net-zero emissions by 2050 target.

    From 1 July 2022, the Northern Territory Government will reduce registration and stamp duty fees for plug-in EVs and introduce the Electric Vehicle Charger (Residential and Business) Grant Scheme.

    $300,000 has been allocated for this grant scheme which will includes 100 residential grants of $1000 and 80 business grants of $2500.  The grants are for the purchase and installation of EV chargers. This grant will assist Territorians with approximately half the costs of a charger and installation, and will increase the availability of chargers across the Territory.

    The Territory Government’s target of net zero emissions by 2050 is supported by the uptake of EVs and providing charging infrastructure as outlined in the EV Strategy and Implementation Plan.

    To further incentive Territorians to purchase EVs the Territory Government is waving the stamp duty payable on the purchase of a plug-in EV from 1 July 2022 to 30 June 2027.

    Stamp duty is calculated at 3% of vehicle purchase price. This incentive means that no stamp duty will be paid on $50,000 of the purchase price, representing a saving of up to $1500.

    Investing in Electric Vehicles and providing the necessary infrastructure is in line with the Northern Territory Government’s Roadmap to Renewables, the NT Climate Change Response Towards 2050 and the Digital Territory Strategy.

    To view the Electric Vehicle Strategy and Implementation Plan, visit www.dipl.nt.gov.au/transport/transport-strategies-and-plans

    Quotes from Chief Minister Natasha Fyles:

    “The Territory Labor Government will continue to invest in new industries, expand business opportunities and create jobs for Territorians. We are progressively working towards a target of 50% renewables by 2030 and zero emissions by 2050.

    “We are protecting and creating a sustainable environment for all Territorians to enjoy. Incentives and programs like this supports jobs and our environment.

    “$300,000 will be invested in supplying part of the cost of installing an EV charger on your home or business. Local businesses and local families will benefit from this scheme – whether it’s receiving the work now to install EV charging system or to include a new asset to your business, it’s a win for the Territory.”

    Quotes from Minister for Infrastructure, Planning and Logistics, Eva Lawler:

    “The Territory Labor Government is continuing to strive to reach our renewables and climate change targets.

    “From 1 July the Northern Territory will be leading other jurisdictions when it comes to electric vehicle incentives. $1500 off stamp duty until 2027, and the opportunity to apply to have part of your electric charging station paid off.

    “The creation of this electric vehicle policy supports our Government’s actions on addressing climate risk and to transition to a low-carbon economy. Responding to climate change will not only help us protect our environment, but will support this new industry and the jobs that come with it.”

    Natasha Fyles
    Chief Minister of the Northern Territory

    Eva Lawler
    Minister for Infrastructure, Planning and Logistics

    Source: NT Government Newsroom

  • 07 Jun 2022 1:06 PM | Stephanie Berlin (Administrator)

    Ventia’s community grants program is open and we encourage groups, clubs and associations to apply for funding of up to $2,000.

    The program was established in 2011 by Easternwell (now Ventia) to provide financial assistance in regions where the company has key operations including Toowoomba & the Surat Basin, Roxby Downs and the Pilbara.

    In 2022, Ventia will be considering applications from community groups in Toowoomba, Surat Basin, Gladstone, Northern Territory, Roxby Downs and the Pilbara.

    Designed to provide a helping hand to groups, clubs and associations that are making a difference in their communities, throughout the years Ventia has provided more than $460,000 to 286 community groups said Group Chief Executive Officer Dean Banks.

    “At Ventia making infrastructure work for our communities is what we do, and our grants program is one way we can make a positive impact on the people and the world around us.”

    “Last year our grass-roots program provided funding for all sorts of essential projects including training programs, sports and playground equipment, learning kits for students, art supplies and other tools and resources.”

    We strive to build regional strength by supporting social activities in the communities where we work, and our grants program is just one of the ways we’re creating lasting benefits for community organisations that need it most.

    Ventia is encouraging people who are involved with community groups to apply for funding to assist with essential projects to support the sustainability of community services.

    Applications must be received before 30 June 2022. For more information visit https://www.ventia.com/page/community-grants

    Shared from Ventia Media Release

  • 31 May 2022 11:44 AM | Stephanie Berlin (Administrator)

    The Utilities Commission has published the 2020-21 Northern Territory Power System Performance Review.

    The review focuses on the 2020-21 generation and network performance of the Darwin-Katherine, Alice Springs and Tennant Creek power systems. More information regarding the review can be found on the Power System Performance Review page.

    Prior to 2017-18, this information was contained within the Power System Review.

  • 25 May 2022 10:59 AM | Stephanie Berlin (Administrator)

    The revamped Territory government has reaffirmed NT Labor’s commitment to developing the Beetaloo Basin gas resource.

    New Chief Minister Natasha Fyles said developing the Beetaloo fields was a priority for the Labor government.

    The strong showing by Greens and climate-focused independent candidates at the weekend’s federal election has brought Beetaloo back into sharp political focus.

    While the federal ALP supported the Coalition government’s push to develop Beetaloo, Greens leader Adam Bandt stated there should be no new gas fields developed in Australia. “We’ll be saying very clearly we need action on coal and gas,” Mr Bandt said.

    “That has got to be the priority and in particular you can’t be opening up new gas and coal mines. “You can’t put the fire out by pouring petrol on to it.”

    It remains unclear to what extent that core belief will drive Greens negotiations over the passage of legislation through the Senate with the new Labor government.

    The Coalition invested tens of millions of dollars to assist gas exploration at Beetaloo and both the Territory’s major political parties have committed to the project, which could attract thousands of jobs and billions of dollars in revenue.

    The project is a key part of the Northern Territory government’s push to develop a $40bn economy by 2040.

    “I said last week our policy positions have not changed,” Ms Fyles said. “The one thing that the Northern Territory needs is stability.

    “My government will be about delivering for all Territorians. We have to get these key economic projects out of the ground. We have an opportunity to diversify our economy away from the boom and bust cycle that has plagued us for too long, but equally deal with those social challenges.”

    Deputy Chief Minister and Mining and Industry Minister Nicole Manison agrees. “We’ve been working closely with Labor when they were in opposition and they understand how critically important the development of the Beetaloo is, and the gas industry,” Ms Manison said.

    “We’ve seen (that) with the uncertainty because of the war in Ukraine, the issues around energy prices and getting the energy that Australia needs. “And it’s important also to recognise that ... gas is an important fuel of transition, because we aren’t going to go to renewable energy overnight.”

    Environment Centre NT co-director Kirsty Howey predicted the Beetaloo would not be developed. “The new Chief Minister needs to come to terms with the fact that Beetaloo is just a bust, there won’t be a boom,” Dr Howey said.

    “Fracking the Beetaloo Basin is economic madness, with taxpayers footing the bill with billions of dollars in subsidies to prop up a dying industry and a high risk of stranded assets as the renewables industry leaves the gas industry in its wake.

    “Clean water and healthy country will underpin thousands more jobs than the Beetaloo ever will.”

    A spokesman for Senator Malarndirri McCarthy said federal Labor’s position “hasn’t changed”.

    Previously Senator McCarthy opposed Commonwealth grants to fund gas exploration in the Beetaloo.

  • 24 May 2022 3:53 PM | Stephanie Berlin (Administrator)

    The Department of Industry, Science, Energy and Resources has given the GR Engineering subsidiary an extension to the contract by another four months. The contract now ends September 30. 

    UPS will continue to provide maintenance, project, and transition services to the FPSO and associated infrastructure in preparation for a disconnection and removal of the vessel. 

    The latter work will be undertaken by a separate company which won a tender six weeks ago.

    "We are pleased to continue working with the DISER team and the relevant regulatory bodies to safely manage and maintain the FPSO, and preparing for transition to support a safe removal of the FPSO in the future," managing director Geoff Jones said. 

    Petrofac won a contract for Phase 1 work from DISER April 1 worth $325 million, with the government saying then that the company would take over from UPS as part of a managed transition. 

    The company won after the government called for expressions of interest in July last year. 

    UPS was production manager aboard the vessel when it was shut down over safety concerns. 

    The lack of production strangled cash flow and forced the owner Northern Oil and Gas Australia into liquidation, as it had no money to decommission the ageing vessel it had picked up from Woodside Petroleum in a cheap but legal sale in 2016. 

    Resources minister Keith Pitt insisted tax payers not foot the bill and after consultation with industry that was reportedly difficult on both sides imposed trailing liabilities, which will affect future sales, and a 46c per barrel of oil equivalent tariff on industry until full costs are paid. 

    Separately this week Petrofac took another decommissioning contract in Mauritania worth US$60 million while today GR Engineering announced a contract for services with a gold miner. 

    Source: Energy News Bulletin

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