Australian shale play faces rocky ride
The Northern Territory, a key LNG centre, holds huge reserves of shale gas. But will regulations stifle development?
On a low-lying peninsula just south of Australia's largest tropical city, Darwin, lie two liquefied natural gas export facilities, signifying the leading role the Northern Territory (NT) plays as a global LNG exporter. At Bladon Point, the Inpex-Total joint venture Ichthys LNG project is poised to go live this year, liquefying gas and condensate sourced from the Browse Basin brought onshore via an 890km (553-mile) pipeline. At Wickham Point, the ConocoPhillips-operated Darwin LNG facility processes gas from the Bayu Undan field in the Timor Sea, and is looking at expanding capacity to include supply from the Barossa-Caldita fields. But this isn't all that the NT has to offer. The region also
Also in this section
22 April 2024
Pursuing three different goals as part of the same package may mean achieving none of them
22 April 2024
Beijing’s renewed targeting of NOC management could threaten investment
19 April 2024
Cairo’s currency problems have hindered investment, but Pharos sees considerable potential as Egypt emerges from crisis
18 April 2024
The Norwegian energy company is concentrating its efforts on specific regions and assets that meet strict cost and carbon criteria