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30 Jul 2024 Energy

Securing the Territory’s energy security - updated gas plan released

The updated Northern Territory gas plan - a pathway to 2030 builds on previous strategies while modernising and streamlining the future focus of reliable, affordable, and cleaner energy.

The plan focuses on 3 key areas - economic growth (work), energy security (keeping the lights on) and environmental sustainability (emissions reduction).

Since April 2024, 3 gas producing companies, who are also providing working opportunities in the Territory, have signed energy security arrangements.

This updated gas plan outlines the role of the NT Government, with 5 enablers and objectives. It also includes a clear action plan to achieve these objectives.

  1. Partnerships - forging the relationships required to streamline development.
  2. Local workforce and supply chains - building a workforce for the future.
  3. Planning and infrastructure - coordinating and planning the delivery of hard and soft infrastructure required for significant industry development.
  4. Regulation - maintaining a contemporary regulatory environment that balances effectiveness with efficiency.
  5. Investment - facilitating public and private investment to build capacity and capability.

Success of the new gas plan will be measured by the growth of a diverse industrial base that increases energy production, decreases emissions, and generates sustained local economic growth.

Further planning for industry infrastructure is also underway, with $367 million committed to gas industry road upgrades for the Beetaloo Basin and the Carpentaria Highway.

To view the plan, go to the Territory Gas website.