Fracking Gas in NT Too Expensive
Why onshore gas will not help manufacturing in the NT
Manufacturers could have accessed near free gas in the Northern Territory between 2009 and 2019. Yet gas-related manufacturing declined, despite millions spent in attempts to woo industry. Attempts to develop such industries now are likely to be futile given the high cost of onshore gas and prices linked to international and national markets. Stimulus policy should be directed to more viable, sustainable and labour-intensive industries.