Gas powering Northern Territory economy

Recent articles


Tweets

21 September 18, 12:43pm The oil and #gas industry today welcomed the release of Resources 2030 Task Force report by @mattjcan, highlighting… https://t.co/gRdRW3jhP6
array(24) { ["created_at"]=> string(30) "Fri Sep 21 02:43:14 +0000 2018" ["id"]=> int(1042967459370651648) ["id_str"]=> string(19) "1042967459370651648" ["text"]=> string(322) "The oil and #gas industry today welcomed the release of Resources 2030 Task Force report by @mattjcan, highlighting… https://t.co/gRdRW3jhP6" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(12) [1]=> int(16) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(8) "mattjcan" ["name"]=> string(15) "Matthew Canavan" ["id"]=> int(632817143) ["id_str"]=> string(9) "632817143" ["indices"]=> array(2) { [0]=> int(92) [1]=> int(101) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/gRdRW3jhP6" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1042967459370651648" ["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(0) ["favorite_count"]=> int(6) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
20 September 18, 2:21pm Anti-development activists ignore the fact #natgas is essential for secure electricity and for making products ever… https://t.co/dtOyAZudSe
array(24) { ["created_at"]=> string(30) "Thu Sep 20 04:21:34 +0000 2018" ["id"]=> int(1042629819630968832) ["id_str"]=> string(19) "1042629819630968832" ["text"]=> string(265) "Anti-development activists ignore the fact #natgas is essential for secure electricity and for making products ever… https://t.co/dtOyAZudSe" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(6) "natgas" ["indices"]=> array(2) { [0]=> int(43) [1]=> int(50) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/dtOyAZudSe" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1042629819630968832" ["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(2) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 September 18, 6:55pm NT Chief Minister @fanniebay says the Northern Territory will be a worldclass #gas hub by 2030 @Gas4NT #ntpol… https://t.co/szOQwMgsuS
array(24) { ["created_at"]=> string(30) "Wed Sep 19 08:55:09 +0000 2018" ["id"]=> int(1042336280405630976) ["id_str"]=> string(19) "1042336280405630976" ["text"]=> string(450) "NT Chief Minister @fanniebay says the Northern Territory will be a worldclass #gas hub by 2030 @Gas4NT #ntpol… https://t.co/szOQwMgsuS" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(2) { [0]=> array(2) { ["text"]=> string(3) "gas" ["indices"]=> array(2) { [0]=> int(78) [1]=> int(82) } } [1]=> array(2) { ["text"]=> string(5) "ntpol" ["indices"]=> array(2) { [0]=> int(103) [1]=> int(109) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(2) { [0]=> array(5) { ["screen_name"]=> string(9) "fanniebay" ["name"]=> string(14) "Michael Gunner" ["id"]=> int(32886283) ["id_str"]=> string(8) "32886283" ["indices"]=> array(2) { [0]=> int(18) [1]=> int(28) } } [1]=> array(5) { ["screen_name"]=> string(6) "Gas4NT" ["name"]=> string(6) "Gas4NT" ["id"]=> int(766485733137870848) ["id_str"]=> string(18) "766485733137870848" ["indices"]=> array(2) { [0]=> int(95) [1]=> int(102) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/szOQwMgsuS" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1042336280405630976" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(111) [1]=> int(134) } } } } ["source"]=> string(84) "Twitter for Android" ["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(9) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
19 September 18, 6:46pm 'Go north' is the strong growth message from NT Chief Minister @fanniebay at the Facing North event at Parliament H… https://t.co/4tdjtCN2KQ
array(24) { ["created_at"]=> string(30) "Wed Sep 19 08:46:57 +0000 2018" ["id"]=> int(1042334214782246912) ["id_str"]=> string(19) "1042334214782246912" ["text"]=> string(256) "'Go north' is the strong growth message from NT Chief Minister @fanniebay at the Facing North event at Parliament H… https://t.co/4tdjtCN2KQ" ["truncated"]=> bool(true) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(1) { [0]=> array(5) { ["screen_name"]=> string(9) "fanniebay" ["name"]=> string(14) "Michael Gunner" ["id"]=> int(32886283) ["id_str"]=> string(8) "32886283" ["indices"]=> array(2) { [0]=> int(63) [1]=> int(73) } } } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/4tdjtCN2KQ" ["expanded_url"]=> string(52) "https://twitter.com/i/web/status/1042334214782246912" ["display_url"]=> string(29) "twitter.com/i/web/status/1…" ["indices"]=> array(2) { [0]=> int(117) [1]=> int(140) } } } } ["source"]=> string(84) "Twitter for Android" ["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(1) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd

It might not be dominating the headlines like the Federal Budget, but the Northern Territory budget is another reminder of the positive impact natural gas is having on the lives of many Australians.

The budget highlights the growing importance of natural gas  to the NT, which is enjoying Australia’s strongest economic growth thanks to construction activity related to INPEX’s $33 billion Ichthys LNG project in Darwin.

The flow-on benefits to other sectors of the NT economy, such as retail, housing, transport and manufacturing, is boosting own-source revenue for the NT Government and contributing to significantly improved budget outcomes.

And the potential for onshore gas projects to generate economic growth and jobs has also been recognised with a new $8 million program to assess the territory’s shale gas resources.

Not only could shale gas deliver jobs, economic growth and improved infrastructure in remote and regional communities, it would also provide the NT Government with a new source of revenue independent of the Commonwealth.

This is a potential game-changer for the Territory, which currently relies on Commonwealth funding for around 70 per cent of its annual budget.

It looks like gas will continue to power the Territory for years to come.

Share with your friends and colleagues.