Article – Darwin dinner told Northern Territory is ‘open for business’

The Northern Territory Government is ‘intent on removing any obstacles to investment’ as it aims to realise its potential entering the ‘gas age’, Chief Executive of the Department of Mines and Energy Scott Perkins told APIA’s Darwin dinner in July.

The APIA Darwin Dinner, held on 17 July, was a great success this year in terms of both attendance and the message that was conveyed at the event.
With over 80 guests in attendance at the Darwin Hilton, the overriding message of the event was that the industry is welcome to operate and develop in the Northern Territory (NT).
In what is exciting news for the industry as well as the NT, the incumbent government’s position on resource development is that of a ‘use it or lose it’ policy.
The commentary now coming out of the NT is that the Territory is focused on realising its potential as it takes a front row in Australia’s new ‘gas age’.
The NT Government has said it is acutely aware of the massive potential for the Territory to become a major player in the gas market, and has outlined that it is intent on removing any obstacles to investment that can feasibly be removed.
Speaking on behalf of the NT’s Minister for Mines and Energy Willem Westra van Holthe, Scott Perkins explained the Territory’s real attempt to ensure that the best and most capable companies were operating in the NT.
“Even the worst assessments of the gas potential in the NT look pretty good, some opinions have it as the world’s best bracket,” said Mr Perkins.
“The first take-away is that as far as we know there is no realisable coal seam gas in the NT. What we are talking about in the NT is shale gas and there appears to be plenty of it.”
Mr Perkins went on to explain that the northern coastline of Australia is currently home to some of the largest gas developments ever undertaken in the region, with Darwin itself the home to a new major processing plant.
While discussing the benefits of existing fields, such as in the Amadeus Basin, where gas has been produced for a while, Mr Perkins pointed out that despite a number of projects going ahead which will go some way to helping the Territory realise its gas potential, a number of potential fields and basins remain undeveloped.
Mr Perkins also talked up the potential of a connecting pipeline to the east coast grid, which along with the potential of underdeveloped basins, points towards promising signs for the Northern Territory’s industry sector.
In his closing statement, Mr Perkins stated that the NT was in the energy game, and there to stay.
“We owe it to the people of the NT to ensure that we are not an economic backwater and that we build broad based industry capacity that sustains through the usual boom/bust cycles we have seen here in the past.”
Major sponsors of the APIA Darwin Dinner were APA Group and Fyfe.
Courtesy of Pipeliner