Northern Territory Government Newsroom

Territory Investment Potential on Show

The Territory’s plan to be a world-class hub for gas production, manufacturing and services will be outlined in a series of sessions aimed at the oil and gas industry and investors on the East Coast.

Team NT Executive members Paul Tyrrell and Clare Martin will lead the pitch. Their role is to advocate the Territory’s investment, business and lifestyle prospects nationally and internationally and harness investment opportunities.

Mr Tyrrell, as former head of the Territory’s public service, and Ms Martin, former Territory Chief Minister, are credited with playing key roles in significant initiatives such as attracting the Ichthys Project onshore LNG facilities to Darwin.

The oil and gas industry is supported by the Territory Labor Government’s Budget 2019 which included $6.5 million to continue the $26 million Resourcing the Territory program to stimulate resource exploration and investment attraction.

 Among the points highlighted at the sessions will be:

The sessions will be held this week in Brisbane, Sydney and Melbourne. They are being held in cooperation with the AI Group, Manufacturing Australia, and Chemistry Australia.

 Quotes from the Minister for Trade and Major Projects, Michael Gunner

“Continuing to sell the Northern Territory as an attractive investment destination is a priority of the Territory Labor Government.

“The oil and gas industry plays an important role in growing our economy and creating jobs through further onshore and offshore investment.

“Team NT’s sessions are an important element of showcasing what the Territory has to offer and will help maximise opportunities for investment and job creation.”

 Media contact: Cameron Angus 0404 021 192.