Given the increasingly visible East Coast gas crisis and renewed climate wars heading into the 2025 election, Canberra ($15bn NRF) has no choice but to get involved in building infrastructure to ensure rapid development of Beetaloo. There is no other option.
Cost of living will decide the next election.
Beetaloo or Bust Albo!
https://www.publish.csiro.au/ep/pdf/EP23055
Wood Mac, May 2024
There is a huge unconventional shale gas resource in the remote heart of the Northern Territorywith the potential to trigger big new gas developments in Darwin, including export liquefiednatural gas (LNG), and underpin the chronically undersupplied East Coast market. And yet despitethis promise, the Beetaloo is not universally viewed as a viable commercial project. Nonetheless,the Beetaloo is one of the hottest topics in Australia’s upstream sector, and two of its keyoperators, Tamboran and Empire, are closing in on final investment decision (FID) for initial gasproduction. So why are many in the market still sceptical the play will work?
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