- Business delegation heads to Texas to maximise Beetaloo opportunities
- Visit to assist Territory’s service and supply sector in capturing maximum economic benefit from Beetaloo gas
- Next chapter is featuring Beetaloo in Sydney
- Growing industry confidence in the resource
Just weeks after the first commercial gas flow from the Beetaloo Sub-basin, the Northern Territory has taken its prize resource asset to the world.
The NT government recently led a business delegation to Texas to assist the Territory’s service and supply sector in capturing maximum economic benefit from Beetaloo gas.
NT Minister for Trade, Business and Asian Relations, Robyn Cahill, took a delegation of 24 Territory businesses and industry bodies, with the NT Chamber of Commerce and Industry, to Texas to strengthen commercial connections and position local businesses to participate in the expanding Beetaloo Sub-basin onshore gas industry.
The delegation brought together businesses from across the Territory’s service and supply sectors, creating a strong platform for collaboration, knowledge exchange and commercial engagement.
Minister Cahill said the Beetaloo Sub-basin is recognised as one of the world’s significant onshore gas resources and is creating opportunities across construction, engineering, logistics, maintenance, manufacturing, professional services and other specialist industries.
This expanding activity is supporting sustainable economic growth and creating opportunities for generational employment across the Territory.
“The Territory is entering a critical phase of onshore gas development. The decisions and investments made over the coming years will help shape the extent to which the economic benefits of this development are secured for the Territory over the long term,” Minister Cahill said.
“Our goal is to build a competitive Territory onshore gas service and supply chain, with local businesses and workers central to its delivery, ensuring that investment and economic value are retained within the Territory.”
Closer to home the NT Acting Chief Minister and Minister for Mining and Energy, Gerard Maley, is travelling to Sydney this week to champion the next chapter of the Beetaloo Sub-basin at the Energy Nation Forum.
Minister Maley said the Beetaloo is not just a Territory opportunity, it’s a national opportunity and the NT government will continue to support bringing more Australian gas into the market to strengthen energy security, support economic growth and increase the supply of affordable and reliable energy.
He said the Beetaloo was entering a new chapter, following the recent milestone of first gas production, and it was important to keep the Sub-basin firmly in the national conversation as Australia considers its future energy needs.
“The Beetaloo is no longer a future opportunity, it is a producing resource that is already delivering jobs, investment and economic benefits for Territorians,” Minister Maley said.
“My message in Sydney is simple: the Beetaloo is not just a Territory opportunity, it’s a national opportunity. By bringing more Australian gas into the market, we can strengthen energy security, support economic growth and help increase supply of reliable, affordable energy produced domestically.
“It is vital that we keep the Beetaloo on the national agenda, so all levels of government and industry fully appreciate the scale of this opportunity, and we continue to attract the investment needed to unlock its full potential.”
The NT government is already supporting this next phase through the proposed Territory Energy Link, a 670-kilometre multi-user infrastructure corridor designed to provide a coordinated pathway for future gas, water and telecommunications infrastructure between the Beetaloo Sub-basin and Darwin.
The project is expected to be pipeline-ready by 2028 and will support the Government’s target of producing 1,000 terajoules of gas per day from the Beetaloo by 2030. Pipeline company AGIG has recently signalled its intent to build a 700km pipeline in the Territory Energy Link.
Recent major pipeline proposals have further strengthened confidence in the Basin’s future.
APA Group is advancing the planning and approvals process for its proposed 1,600-kilometre North to East Australia Pipeline, which would connect the Beetaloo Sub-basin directly to APA’s east coast gas network and open access to customers across eastern and southern Australia, while Jemena has announced its intention to apply for a 400km lateral pipeline permit as it furthers plans to connect Beetaloo production to the existing Northern Gas Pipeline network.
Minister Maley said these developments demonstrate growing industry confidence in both the resource and the Northern Territory as a place to invest.
“Projects of this scale happen when governments provide stable policy settings, clear regulation and certainty for investors,” he said.
“The Territory is doing its part by creating the conditions for investment and infrastructure development. What we need now is continued support for new supply and the infrastructure that gets that gas to Australian homes, businesses and manufacturers.”
Keep your eyes open for further special features on Australia’s booming energy sector, with our next article titled “Is this the answer to Australia’s oil production crisis?”
The material provided in this article is for information only and should not be treated as investment advice. Viewers are encouraged to conduct their own research and consult with a certified financial advisor before making any investment decisions. For full disclaimer information, please click here.
