Gas powering Northern Territory economy

Recent articles


Tweets

18 September 17, 1:01pm WA’s planned fracking inquiry will waste time & money. History & many reviews have shown fracking is done safely https://t.co/v2sDAeNiY2
array(24) { ["created_at"]=> string(30) "Mon Sep 18 03:01:07 +0000 2017" ["id"]=> int(909613224923774976) ["id_str"]=> string(18) "909613224923774976" ["text"]=> string(200) "WA’s planned fracking inquiry will waste time & money. History & many reviews have shown fracking is done safely https://t.co/v2sDAeNiY2" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/v2sDAeNiY2" ["expanded_url"]=> string(73) "https://www.appea.com.au/2017/09/wa-doesnt-need-another-fracking-inquiry/" ["display_url"]=> string(30) "appea.com.au/2017/09/wa-doe…" ["indices"]=> array(2) { [0]=> int(121) [1]=> int(144) } } } } ["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(2) ["favorite_count"]=> int(5) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
15 September 17, 10:21am Australian gas producers responding to tight supply. A dozen new supply contracts & projects announced since March https://t.co/pOW6D8AnCA
array(24) { ["created_at"]=> string(30) "Fri Sep 15 00:21:24 +0000 2017" ["id"]=> int(908485866196107264) ["id_str"]=> string(18) "908485866196107264" ["text"]=> string(196) "Australian gas producers responding to tight supply. A dozen new supply contracts & projects announced since March https://t.co/pOW6D8AnCA" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/pOW6D8AnCA" ["expanded_url"]=> string(80) "https://www.appea.com.au/media_release/gas-industry-responds-to-supply-concerns/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(119) [1]=> int(142) } } } } ["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
7 September 17, 2:28pm New contracts show gas industry can ease tight eastern gas market. But policies must cut costs &risks of development https://t.co/TUFgFZPQDO
array(24) { ["created_at"]=> string(30) "Thu Sep 07 04:28:41 +0000 2017" ["id"]=> int(905648994327552000) ["id_str"]=> string(18) "905648994327552000" ["text"]=> string(198) "New contracts show gas industry can ease tight eastern gas market. But policies must cut costs &risks of development https://t.co/TUFgFZPQDO" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(0) { } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/TUFgFZPQDO" ["expanded_url"]=> string(77) "https://www.appea.com.au/media_release/glng-redirects-gas-to-domestic-market/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(121) [1]=> int(144) } } } } ["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(1) ["favorited"]=> bool(false) ["retweeted"]=> bool(false) ["possibly_sensitive"]=> bool(false) ["lang"]=> string(2) "en" }
by APPEALtd
6 September 17, 4:03pm Political debate fails to recognise economic importance of #LNG exports, or policy risks to export & domestic gas. https://t.co/VfSnufIhQW
array(24) { ["created_at"]=> string(30) "Wed Sep 06 06:03:01 +0000 2017" ["id"]=> int(905310348701343745) ["id_str"]=> string(18) "905310348701343745" ["text"]=> string(262) "Political debate fails to recognise economic importance of #LNG exports, or policy risks to export & domestic gas. https://t.co/VfSnufIhQW" ["truncated"]=> bool(false) ["entities"]=> array(4) { ["hashtags"]=> array(1) { [0]=> array(2) { ["text"]=> string(3) "LNG" ["indices"]=> array(2) { [0]=> int(59) [1]=> int(63) } } } ["symbols"]=> array(0) { } ["user_mentions"]=> array(0) { } ["urls"]=> array(1) { [0]=> array(4) { ["url"]=> string(23) "https://t.co/VfSnufIhQW" ["expanded_url"]=> string(73) "https://www.appea.com.au/media_release/lng-economic-growth-trade-balance/" ["display_url"]=> string(30) "appea.com.au/media_release/…" ["indices"]=> array(2) { [0]=> int(119) [1]=> int(142) } } } } ["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(3) ["favorite_count"]=> int(4) ["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.