Minister for Primary Industry and Resources, Ken Vowles, is in Adelaide to attend the inaugural dedicated COAG Resources meeting and the COAG Energy Council.
Yesterdays Resources Ministers meeting progressed the coordinated growth and development of Australias resources sector. Competitiveness, exploration, innovation, communities and workforce were all on the agenda, along with a minerals strategy.
This strategy is in line with the Territory Labor Governments approach to developing our resources sector through the Resourcing the Territory initiative.
Among other subjects, todays COAG Energy Council will discuss a national plan for hydrogen, an industry the Territory is well-placed to be part of.
The Territory is playing a growing role in the nations energy security - with the Northern Gas Pipeline completed last week - and the potential of the Beetaloo Basin means the NT is well-positioned to produce gas not only for national energy security and export, but also for more jobs and manufacturing in the Territory.
As stated by Minister for Primary Industry and Resources, Ken Vowles:
The Territory Labor Government is focused on creating local jobs, and at COAG I am delivering the message loud and clear we have the resources that are in worldwide demand and we have the capacity to deliver on major projects.
The $800 million Northern Gas Pipeline injected millions of dollars into the Tennant Creek region, creating opportunities for local contractors and hundreds of jobs.
Along with the recent completion of Inpex, this project proved the Territory can deliver when it comes to projects of national and international importance.
We have invested $26 million over four years in our Resourcing the Territory initiative to develop our minerals sector, and we have the raw materials to take part in a hydrogen industry. The future of the Territorys resources industry is bright.
