Northern-based Senator Ian Macdonald has welcomed today’s announcement that will see the Northern Territory’s proposed billion dollar gas pipeline constructed via a northern route passing from Tennant Creek to Mt Isa.
Senator Macdonald said the news that Asian-backed conglomerate Jemena won the contract for the $1billion North East Gas Interconnector represented a huge win for the north.
“Not only is this a win for Northern Australia, it’s also a win for many local governments in North and Western Queensland who have long been advocating for the proposed northern route,” Senator Macdonald said.
Senator Macdonald said he was a strong supporter of the winning bid from Jemena, backed by the State Grid Corporation of China and Singapore Power, as it doesn’t require any additional public funding.
“The fact that the Australian and Northern Territory Government won’t be forced to fund any part of this project is further evidence of the value of this landmark project to Northern Australia.”
He said Jemena’s proposal to build the connector pipeline from Tennant Creek in the Northern Territory to Mt Isa will guarantee additional opportunities for Queensland, which is set to benefit from the flow-on effect of such a massive infrastructure project in the state’s backyard.
“As a nation, we are on track to become the world’s largest producer of LNG in the world, and that in itself is welcome news as we look to position ourselves in the global market.
“Our proximity to our Asian neighbours is key to underwriting a very prosperous LNG export market, and the successful northern route takes full advantage of that,” Senator Macdonald said.