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Quotes by TradingView

Construction on Northern Gas Pipeline complete

17 Dec, 2018
438
Image of the Northern Gas Pipeline, courtesy of Jemena.

A ceremony was held at Jemena’s Phillip Creek Compressor Station on Friday to mark the end of construction on the Northern Gas Pipeline (NGP).

The $800 million, 622-kilometre pipeline (built, owned and operated by Jemena) runs from Tennant Creek to Mount Isa, linking to the Amadeus Gas Pipeline and Carpentaria Pipeline.

Construction of the NGP saw the creation of more than 1,100 hundred jobs in total and witnessed Territory contractors share in $52 million worth of investment.

Minister for Primary Industry and Resources, Ken Vowles said the completion of the NGP’s construction shows Territory workers and businesses can deliver on major gas projects.

“We are creating jobs – which is our number one priority – and supporting local business by becoming a hub for gas production, export, innovation, manufacturing and services,” he said, “it also means the Territory is contributing to national energy security”.

Jemena Managing Director, Frank Tudor, said the NGP’s capacity will be able to be increased from around 90 terajoules a day up to 700 terajoules a day – which would be enough gas to meet the average daily gas needs of Sydney, Brisbane, and Adelaide combined.

“The foundations we’ve laid in the Territory mean we will be able to complete this work at an expedited schedule while creating around 4,000 jobs and investing approximately $3 to 4 billion,” Mr Tudor said, “this investment is the answer to Australia’s future gas needs”.

Commercial operations are targeted to commence between 29 December 2018 and 10 January 2019.

More information on the Nothern Gas Pipeline project can be found here.

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