AUSTRALIA’S biggest gas pipeline owner, APA Group, is participating keenly in the Northern Territory government process to build a gas pipeline to connect the NT into the eastern grid.
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The $10 billion company is among nine groups that submitted proposals to the NT government earlier this month to build a potential $900 million-$1.3 billion pipeline to link to the rest of the national gas grid. The government, being advised by Lazard, is due to short-list three of the bidders within weeks and they will have to submit final bids in September.
Rob Wheals, group executive transmission at Sydney-based APA, said that of three options APA studied for the NT link line, the route from Tennant Creek to Mount Isa, being the shortest, was the lowest cost and also involved a less-complex geological environment than a southern route between Alice Springs and Moomba.
APA is publishing more information on pipeline capacity and use to provide greater market transparency demanded by gas buyers, who are struggling to source long-term supplies because of the tripling in east coast gas demand caused by the Queensland LNG projects.
