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OVERVIEW OF NT PROJECTS ON HORIZON. Indigenous Economic Development Forum. Friday 14 October 2011. Presented to:. NT Economy. Economic Growth. Per cent. Year ended June. Gas Resources in Our Region. Gas resources in the Region Complements NT Economy Prime Location Industrial Land
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OVERVIEW OF NT PROJECTS ON HORIZON Indigenous Economic Development Forum Friday 14 October 2011 Presented to:
NT Economy Economic Growth Per cent Year ended June
Gas resources in the Region Complements NT Economy Prime Location Industrial Land Natural Deep water Harbour Modern Infrastructure Industry Capability Capital City Services and Amenity Defined Approvals Process Supportive Government Why Darwin as a Centre for Gas Industry?
Ichthys Project Outline • Offshore, Subsea and Onshore • Cost – more than US$25billion • Production • 8.4 million tonnes of LNG per annum • 1.6 million tonnes of LPG per annum • 100,000 barrels of condensate a day • Lifetime • 40 years • Contribution to economy • Australia • NT
Supply and Service Opportunities • Supply and Service Capability • Experience supplying offshore exploration, and development • Experience supporting onshore and remote resource developments • Servicing operating energy and mineral operations • Experience supplying to Darwin LNG, Bayu_Undan, FPSO’s, Alcan G3 • Local fabrication capability • Opportunities • Niche export trade • Strengthen local supply
New Developments • Wonarah(Phosphate) • Arafura Resources(Rare Earths, Phosphateand Uranium) • Roper Province Iron Ore
New Bulk Mineral Exportsvia Darwin • Bootu Creek • Territory Iron • Oz Minerals (SA) DARWIN GOVE FRANCES CREEK BOOTU CREEK
Defence Support • 10% ADF combat personnel • Over 9,000 Defence personnel and families • Over 2,000 DHA-managed properties • Over $1.0 Billion recurrent pa • Approx $0.3 Billion capital pa • Military Exercises – Pitch Black $10 Million
Future investment opportunitiesDefence Support Hub Northern Territory Defence Support Hub Darwin International Airport East Arm Port Darwin City Berrimah Freight Terminal Stuart Highway Robertson Barracks 53 Hectare Industry Park including a Defence Support Hub
Pastoral • NT Supports 1.8 million cattle - 6.4% of total Australian herd. • Pastoral sector worth in excess of $250M. • Almost 300,000 cattle exported through Port of Darwin in 2008. • Producers turn off 538,000 head a year from 620,000 square kilometres of 1st class grazing land.
Summary Darwin’s competitive advantages • Australia’s gateway to Asia – spatial economic location • Strategically located to world class oil and gas reserves • Significant mineral resources (gold, uranium, Alumina, iron ore and manganese, phosphate, rare earths, lead zinc, copper silver) • Industrial land availability (Land Development Corporation) • Modern city infrastructure and services: • Deep water sea port with phased expansion potential • High quality road and rail networks • International airport • Successful records in delivering major projects • Dedicated trade & investment facilitation teams within NTG
Department of the Chief Minister Major Projects, Asian Relations & Trade Division +61 8 8946 9555 majorprojects.info@nt.gov.au FOR FURTHER INFORMATION CONTACT: