A gas company looking to develop the Beetaloo Basin says the Northern Territory government could be one of its first customers for fracked gas.
Gas supply issues for NT electricity generation continueEmpire Energy is one of several companies approaching commercial production in the basin, 600 kilometres south-east of Darwin.
"By bringing in the Beetaloo, in a pilot phase at least, that provides more gas supply into local markets, thereby putting downward pressure on prices, but also providing a greater diversification of supply, which is really important for energy security," he said., allowing gas companies to sell fracked gas during an "appraisal phase", when they were assessing the viability of a reserve.
"That MOU does also entail the potential sale of gas to PWC, but there is no firm obligation to do so. Neither PWC nor the Minister for Essential Services Selena Uibo would confirm to ABC Rural how often PWC has had to buy gas from the LNG exporters to make up for the Blacktip shortfall. However, several industry sources with knowledge of the NT energy market have told ABC Rural the emergency gas could be costing the government a significant amount.
PWC has not been able to sell gas to a customer in Queensland via the Northern Gas Pipeline because of the Blacktip supply issues.
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