Natural Gas and Oil are key parts of the NT economy

With a long history of exploration and production in the region, the petroleum industry plays a key role in the economy of the Northern Territory.

Large undeveloped resources in the region represent opportunities to unlock future economic value in the Northern Territory, with major development projects, including the Beetaloo Strategic Basin Plan, promising jobs, growth and value for local communities in the region and the Australian economy more broadly.

We’ve pulled together some recent NT end-use statistics to highlight the current and future potential value and benefits of oil and gas generated in the region.

Northern Territory oil and gas benefits