Power and Water positioned to enter the Australian gas market17 July 2017
Power and Water is pleased to support the launch of the $800 million Northern Gas Pipeline (NGP) Project at the Phillip Creek Compressor Station in Tennant Creek.
Chief Executive Michael Thomson said this is a significant milestone for Power and Water, as the Northern Gas Pipeline will allow Power and Water to sell and supply gas to customers outside the Territory.
”As the foundation customer of Jemena’s Northern Gas Pipeline, we will supply gas to Incitec Pivot at Phosphate Hill in Queensland. This represents an exciting time for Power and Water with its first gas customer outside of the Territory. Power and Water’s management of gas supply and transportation through the NGP aims to attract big business customers. It will also stimulate the Northern Territory’s economic growth and benefit Australian energy security.”
Power and Water’s gas business is a serious player in the commercial gas market with over 30 years’ experience purchasing and supplying competitive gas to customers in the Northern Territory. This milestone also marks as a trajectory to develop the north through the expansion of interstate businesses to the Northern Territory.
In 2010 Power and Water commenced 25 year gas purchase and transportation agreements with Eni and APA Group respectively to deliver gas from the Blacktip offshore field.
The NGP is a considerable opportunity for Power and Water to expand our gas supply business portfolio and deliver positive outcomes to the generation sector, industrial users and mining sites while continuing to seek new opportunities.
The pipeline will enable Power and Water to maximise gas flow into the Australian network in 2018.