Gas industry primed to drive NT’s economic future

Recent articles


Tweets

20 March 19, 10:54am Today’s @dailytelegraph: A #gas goldmine exists in regional NSW. Unemployment would be slashed if more gas fields w… https://t.co/CYRm9pOmL2
array(24) { ["created_at"]=> string(30) "Wed Mar 20 00:54:09 +0000 2019" ["id"]=> int(1108169822896971777) ["id_str"]=> string(19) "1108169822896971777" ["text"]=> string(330) "Today’s @dailytelegraph: A #gas goldmine exists in regional NSW. Unemployment would be slashed if more gas fields w… https://t.co/CYRm9pOmL2" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(27) [1]=> int(31) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(14) "dailytelegraph" ["name"]=> string(19) "The Daily Telegraph" ["id"]=> int(9235982) ["id_str"]=> string(7) "9235982" ["indices"]=> array(2) { [0]=> int(8) [1]=> int(23) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/CYRm9pOmL2" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1108169822896971777" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(1) ["favorite_count"]=> int(5) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 March 19, 10:53am NSW’s only #natgas production in western Sydney is declining, and unless something changes, the state will soon be… https://t.co/z8py4K4SD3
array(24) { ["created_at"]=> string(30) "Tue Mar 19 00:53:43 +0000 2019" ["id"]=> int(1107807329108451330) ["id_str"]=> string(19) "1107807329108451330" ["text"]=> string(266) "NSW’s only #natgas production in western Sydney is declining, and unless something changes, the state will soon be… https://t.co/z8py4K4SD3" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(6) "natgas" ["indices"]=> array(2) { [0]=> int(11) [1]=> int(18) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/z8py4K4SD3" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1107807329108451330" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(116) [1]=> int(139) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(1) ["favorite_count"]=> int(3) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 March 19, 10:38am NSW relies heavily on a sustainable, affordable supply of #natgas but the state’s politician have failed to grasp t… https://t.co/zefwUwHrEo
array(24) { ["created_at"]=> string(30) "Tue Mar 19 00:38:33 +0000 2019" ["id"]=> int(1107803509682900992) ["id_str"]=> string(19) "1107803509682900992" ["text"]=> string(267) "NSW relies heavily on a sustainable, affordable supply of #natgas but the state’s politician have failed to grasp t… https://t.co/zefwUwHrEo" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(6) "natgas" ["indices"]=> array(2) { [0]=> int(58) [1]=> int(65) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/zefwUwHrEo" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1107803509682900992" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(4) ["favorite_count"]=> int(5) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
5 March 19, 3:09pm #WesternAustralia’s energy security has been further boosted following the start of domestic #gas supply from… https://t.co/BsYPCrSRXn
array(24) { ["created_at"]=> string(30) "Tue Mar 05 05:09:18 +0000 2019" ["id"]=> int(1102798217807196160) ["id_str"]=> string(19) "1102798217807196160" ["text"]=> string(347) "#WesternAustralia’s energy security has been further boosted following the start of domestic #gas supply from… https://t.co/BsYPCrSRXn" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(16) "WesternAustralia" ["indices"]=> array(2) { [0]=> int(0) [1]=> int(17) } } [1]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(93) [1]=> int(97) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/BsYPCrSRXn" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1102798217807196160" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(111) [1]=> int(134) } } } } ["source"]=> string(66) "Twitter Web Client" ["in_reply_to_status_id"]=> NULL ["in_reply_to_status_id_str"]=> NULL ["in_reply_to_user_id"]=> NULL ["in_reply_to_user_id_str"]=> NULL ["in_reply_to_screen_name"]=> NULL ["user"]=> string(8) "APPEALtd" ["geo"]=> NULL ["coordinates"]=> NULL ["place"]=> NULL ["contributors"]=> NULL ["is_quote_status"]=> bool(false) ["retweet_count"]=> int(0) ["favorite_count"]=> int(2) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

The Northern Territory Economic Development Framework, newly released by Chief Minister Michael Gunner, recognises the vital role that natural gas will play as one of the NT’s major growth sectors to maintain and grow living standards across the region.

APPEA’s NT Director, Matthew Doman said: “With almost 30 trillion cubic feet of offshore gas reserves, and potentially far greater resources onshore, the Territory’s economy will benefit from the decades-long development and production of gas for both domestic and export markets.”

The Framework highlights that the NT’s onshore basins are estimated to hold around 200 trillion feet of natural gas, enough to power Australia for 200 years.

“The oil and gas industry recognises that onshore gas development in the Territory must be done in an environmentally and socially responsible manner,” said Mr Doman.

“That’s why we are working collaboratively with the Scientific Inquiry into Hydraulic Fracturing and are highlighting the strong environmental and social practices the industry maintains.

“The industry also recognises the need to inform Territorians of the benefits from the development of onshore gas, including opportunities for local businesses and jobs.

“APPEA and its members operating in the Territory will once again be present at next month’s regional shows across the NT.”

Mr Doman said a 2015 Deloitte Access Economics study found developing gas could boost NT Government revenues by almost $1 billion by 2040 and create up to 6300 new jobs – with many of these jobs created in regional areas.

The NT Fracking Inquiry recently commissioned independent economic modelling to further evaluate the impact of new gas development.

The Framework also identifies the renewable sector as a key emerging industry in the NT.

“With gas already providing over 90% of the NT’s electricity, the Territory is well placed to integrate an increased share of renewables without compromising energy security,” Mr Doman said.