Territory Stories

Debates Day 3 - Thursday 21 October 2010

Details:

Title

Debates Day 3 - Thursday 21 October 2010

Other title

Parliamentary Record 15

Collection

Debates for 11th Assembly 2008 - 2012; ParliamentNT; Parliamentary Record; 11th Assembly 2008 - 2012

Date

2010-10-21

Notes

Made available by the Legislative Assembly of the Northern Territory

Language

English

Subject

Debates

Publisher name

Legislative Assembly of the Northern Territory

Place of publication

Darwin

File type

application/pdf

Use

Attribution International 4.0 (CC BY 4.0)

Copyright owner

Legislative Assembly of the Northern Territory

License

https://creativecommons.org/licenses/by/4.0/

Parent handle

https://hdl.handle.net/10070/277644

Citation address

https://hdl.handle.net/10070/423637

Page content

DEBATES - Thursday 21 October 2010 Territory businesses ready to provide whatever is necessary. Strengthening local business is a high priority for my department. We are working to attract, develop and strengthen the supply and service to businesses through targeted business growth and support programs. My department continues to provide a wide range of services and programs aimed at providing business with the skills to improve the prosperity of the Northern Territory business community. You will be aware we are in the middle of October Business Month, and the feedback has been very positive at all events I have attended. Business people appreciate the opportunity to access high-calibre speakers and professional development opportunities such as those available during October. The marine supply base is aimed at building on these foundations, and providing the next level of infrastructure, supply and service requirements for the offshore oil and gas sector, and also growing it. These requirements are being driven by the major projects and prospects for the Northern Territory. It is, however, important for the House to appreciate the scale and value of these projects and their potential to further enhance the Northern Territory economy. I intend to provide only a few highlights, more details are available in the Marine Supply Base Expression of Interest documentation. Projects include: the ENI Blacktip gas, some 0.8 megatonnes (MT) per annum at a cost of $623m; Bayu-Undan gas, 3.5 MT per annum, $3.5bn; Laminaria Corallina oil field, 18 million barrels per annum, $1.37bn; and Jabiru Challis oil field, 1.5 million barrels per annum, project costs are being determined. The advance prospects are just as astonishing: the oilfield of Kitan, 14.5 million barrels - and that is an estimated project cost USD - which I guess is Australian now of $US1.1bn; the INPEX field, 8.4 MT per annum - at the moment that is a $20bn project; Prelude gas field, 4 MT per annum which is a more than $US8bn project; Greater Sunrise gas, 4 MT per annum which is an $8bn project; and Bonaparte gas, 4 MT, with costs still being determined. Other fields that may in the future be served through the Darwin-based marine supply base include: Abadi, in Indonesian waters but very close to Australia; Argus; Brecknock; Calliance; Cash-Maple; Chuditch; Crux; Evans Shoal; Heron/Blackwood; Prometheus/Rubicon; Puffin; and Torosa. Through the stimulus and supply of a fully functional marine supply base in Darwin, further offshore exploration and discovery is expected to be accelerated ... Mr GILES: A point of order, Mr Acting Deputy Speaker! I draw your attention to the state of the House. Mr ACTING DEPUTY SPEAKER: Ring the bells. We have a quorum. Mr KNIGHT: Through the stimulus and support of a fully functional marine supply base in Darwin, further offshore exploration and discovery is expected to be accelerated. The marine supply base will complement the current and future planned facilities at the port and East Arm. The marine supply base is being developed to integrate with businesses already investing in and supplying support and services to the offshore sector and related onshore developments to create the conditions for further growth and investment. The marine supply base will provide Mr GILES: A point of order, Mr Acting Deputy Speaker! I draw your attention to the state of the House. Mr ACTING DEPUTY SPEAKER: Ring the bells. We have a quorum. Minister, you have the call. Mr KNIGHT: Mr Acting Deputy Speaker, we are planning for the future of this sector. The marine supply base will feed quite significantly into that. We will require a local industry participation plan, as we have with INPEX. The INPEX plan sets a blueprint of a way we can ensure the manufacturing industry is front and centre for this area. I will take up several points from the member for Fong Lim. He spoke about the Compass mine at Batchelor and suggested they should not have any guidelines for the environmental management and development of the mine. I will be glad to give the CLP position to locals on the Litchfield Park Road who are quite concerned about that. They wanted to go through the process. The guidelines provide some areas the mine has to consider, and I will be delighted to send that to them. For your information Mr GILES: A point of order, Mr Acting Deputy Speaker! I draw your attention to the state of the House. Mr ACTING DEPUTY SPEAKER: Ring the bells. There is quorum present. Minister, you have the call. Mr KNIGHT: Correcting the member for Fong Lim, it has not been mothballed. Mine management advises it is a temporary closure. You asserted it is a permanent closure, which is incorrect. You talked about Dave Malone. Well, 6530


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