Department of the Legislative Assembly, Northern Territory Government

INPEX Project

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WRITTEN QUESTIONS
11th Assembly


08/07/2010

171. INPEX Project

Mr Westra van Holthe to MINISTER for Chief Minister

QUESTION
    1. Please provide details of the Major Projects that form the contingency plans in the event that INPEX’s final investment decision is delayed beyond 2011.

ANSWER


Answered on 16/09/2010
      There is no indication from the proponents that the revised FID timeline on the Ichthys project will be delayed.

      There are currently 18 projects which have been allocated major project status. These projects fall across a range of Government strategic outcomes such as Onshore Gas Development, Economic Infrastructure Development, Land Development and Mining Resource Development.

      The Government, through the Major Projects Group and relevant taskforces, remains in continuous dialogue with the proponents of these projects.
      The timing of the start-up of these projects is subject to a range of matters including commodity market conditions, lending practices of financial institutions, competition and bankability of individual projects.

Last updated: 04 Aug 2016