NT Deputy Chief says NT interconnect pipeline to be constructed by 2018

NT Deputy Chief Minister Willem Westra van Holthe MLA.

NT Deputy Chief Minister Willem Westra van Holthe MLA.

NT Deputy Chief Minister Willem Westra van Holthe MLA has urged investment from Australia’s gas industry in the Northern Territory, arguing the state’s proximity to Asia and the planned construction of the East Coast to Northern Territory Interconnect Pipeline would ensure the state as a wise investment.

At an invitation-only breakfast at the Australian Petroleum Production and Exploration Association breakfast in Melbourne this morning, Mr Westra van Holthe and Department of Mines and Energy CEO Ron Kelly hosted numerous members from Australian and international gas industries, and implored them to cast their eye to the Territory for future investment opportunities.

Mr Westra van Holthe outlined numerous changes the government had undergone to reduce red tape for businesses operating in the Territory, and discussed the privatisation of the Darwin Port Corporation and the benefits this would bring to reducing operating costs in the state.

The Minister also discussed on the proposed East Coast to Northern Territory Interconnect Pipeline, which, while currently undergoing a feasibility study, he confidently believes will be constructed “by the middle of 2018”.

APA Group, DUET Group, Jemena and Merlin Energy have been shortlisted to progress to the final stage of the bidding process to develop the pipeline. The four companies were shortlisted by the Northern Territory Government after a panel of experts spent a month assessing submissions.

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