BCA9 Aug 2019 23:30
https://www.bca.com.au/jennifer_westacott_michael_schneider_and_frank_tudor_interview_with_david_speers_sky_news
excerpt -
David: Well, let's turn to some of the local issues about growing this economy. The prospect of the Beetaloo gas basin being developed is, you know, the next big thing. The Northern Territory, I suppose, and this is a pretty important development for Jemena as well, Frank. Where is that at right now, the Territory government has shifted in the moratorium on fracking here, so how far away are we from really seeing development at that basin?
Frank: So, we have two very credible players, Origin and Santos that are working in that basin at the moment. They're going through proving development concepts, the productivity, the economics of extraction, which is really important. If they’re successful in doing that we'd expect them to scale up, and what we've already done working very closely with a number of companies, including PwC from the Northern Territory, is build the first leg of a pipeline that’s going to enable that gas to flow to the east coast. So, there’s two more legs of that that need to be built. And if the resource is big enough then I think it could also come back into Darwin and add to value adding industries here in Darwin as well.
David: But the talk is that there is enough gas there to supply the entire east coast market for, I forget the number of years. But we're talking about a substantial basin there, however, this is not the easiest place to access, is it?
Frank: Certainly, there are lots of difficulties, the difficulty of distance is a big, big issue. So, there's a lot that can be done. And, it started effectively with a trip that was made from here, a delegation went to the US to have a look at how it’s being exploited there. They’re probably 10 to 15 years ahead. It gives us a sense of the infrastructure, the community engagement that was involved in getting them to the point that they’re at. So, we should be taking the lessons back and starting the pre-investment to make sure that you can gradually build, as Santos and Origin and others are successful in putting up the development concepts. So, we have the broad base of community involved, we have the infrastructure being built both to Darwin and the east coast.
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