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NT GOVERNMENT CONSIDERS $60 MILLION INVESTMENT INTO GAS PIPELINE

04-04-2016
by 
in 

Deputy Chief Minister Peter Styles has said that the Northern Territory Government has in mind considerations to invest millions into increasing the volume of the pipelines that connect the Territory Queensland.

The chief minister said that industry figures suggest that $60 million could help the company Jemena to build a 14-inch pipeline that connects Tennant Creek to Mt Isa.

"We've been in touch with the Chamber of Commerce about sitting down with the Chamber of Commerce and stakeholders to consider whether the Government might be able to contribute something towards this pipeline," Mr Styles said.

These comments comes after Chief Minister Adam Giles saying on Saturday that he had no intention of putting any government money into the pipeline project.

However Mr Styles has refused to say where the $60 million figure had come from.

"My understanding is that industry figures are talking around about $60 million," Mr Styles said.

Jemena, in a statement to the ABC, said that the figure was not from them.

Jemena, in a statement to the ABC, said that the figure was not from them.

These comments also come after Jemena announced it would build a thinner-than-hoped pipeline.

Another problem that has arisen is that Jemena has bought the steel that is needed for a 12-inch diameter pipe-line and any plans of changing seem to be unlikely.

"We believe we have sized the pipeline appropriately for the amount of gas there is available," a Jemena statement said.

"But we'd be happy to sit down to explore options with any parties who have an interest in building a larger pipeline."

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