NT Labor fracking ban a threat to NGP

A map of the proposed Northern Gas Pipeline route.

A map of the proposed Northern Gas Pipeline route.

Northern Gas Pipeline proponent Jemena has warned that a moratorium on hydraulic fracturing in the Northern Territory would compromise the project’s economic benefits.

However, the NT News reported that Jemena remains confident that gas will flow through the pipeline in 2018, despite NT Labor’s plans to impose a moratorium on hydraulic fracturing, should they be elected in August this year.

NT Labor Leader Michael Gunner has said there is enough gas available for the pipeline to go ahead without the need for further development onshore.

“It has always been clear that the excess gas from ENI and future supplies from Mereenie and future offshore supplies are what you need to build your business case around the pipeline on,” Mr Gunner said.

Meanwhile, NT Chief Minister Adam Giles said Labor’s ban is a threat to the AU$800 million gas pipeline and the 900 jobs it will create by robbing the pipeline of gas it needs to be viable.

“An election is supposed to be a battle of ideas. Labor has shown they have nothing innovative to create new jobs and no interest in developing new opportunities other than what the Government is already pursuing,” Mr Giles said.

This article first appeared on PPO News. To view the full story, click here.

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