Northern Gas Pipeline Negotiations with Landholders Continues

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Northern Gas Pipeline Negotiations with Landholders Continues

The 622 kilometre Northern Gas Pipeline will stretch between Tennant Creek in the centre of the Northern Territory across the border to Mount Isa, Queensland. Construction is expected to begin early next year, due for completion in 2018. Local indigenous stakeholders have largely negotiated land use agreements, however pastoralists continue to offer opposition to the project. Gas for the pipeline will be sourced from on and offshore providers. The project is in line with the federal governments White Paper for Developing Northern Australia, with 600 jobs expected across the life of the project. Demand for gas is expected to increase across Australia, supported by recent legislative introductions supportive of both onshore and offshore gas. The Australian Energy Market Operator released a report in national gas forecasting last week that indicated substantial growth in the industry is expected due to a strong export market. Click here to read the report in full.

 

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