CTP 2.04% 4.8¢ central petroleum limited

nt gas pipe line, page-14

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    Looks like the pipes could be in place before the wells are completed CTP/SANTOS and CTP/TOTAL

    What a confidence boost.

    Northern Territory Chief Minister Terry Mills says he will lobby the Federal Government and Opposition to guarantee support for the construction of a gas pipeline between the Territory and Queensland.

    Mr Mills told the Legislative Assembly the pipeline should be built from Tennant Creek in the Territory to Mount Isa in north-west Queensland to encourage growth and investment.

    He says the project is now on the COAG agenda, which is proof of its national significance.

    "This is a big, bold plan, a very important plan," he said.

    "It is part of the Country Liberals' DNA as to have these sorts of plans that are going to create a better future for the Northern Territory." The proposed pipeline would cost an estimated $500 million.
 
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