Global energy hub focus on Northern Australia
The Territory Government has presented the case for the development of Northern Australia as an international energy hub at the Southern Hemisphere's biggest oil and gas conference this week.
The Territory Government has presented the case for the development of Northern Australia as an international energy hub at the Southern Hemisphere's biggest oil and gas conference this week. Chief Minister Adam Giles and the Minister for Mines and Energy Willem Westra Van Holthe have both attended the Australian Petroleum Production and Exploration Association (APPEA) Conference in Perth, which attracts the world's most important energy players.
In Perth, Mr Giles and Mr Westra Van Holthe met with a range of companies including ConocoPhillips, GDF Suez, CIVMEC, Total, Eni and Shell. "The Territory now has runs on the board with the successful Darwin LNG project at Wickham Point now well established and the Ichthys LNG project at Blaydin Point now underway. In Perth, we've been speaking to a range of other companies about following in their footsteps," Mr Westra Van Holthe said.
Darwin's oil and gas infrastructure is also expanding with the Marine Supply Base set to open later this year and presenting new opportunities for the maintenance of offshore equipment. "In our meetings with Shell in particular, I'm discussing opportunities for Territory companies to secure early contracts for work on the company's Prelude Floating LNG project," Mr Giles said. Onshore, the Territory is estimated to have potential reserves of unconventional gas totalling approximately 240 trillion cubic feet across six basins.