Croc of a deal for the NT on pipeline costs

Posted on June 14, 2017

The GMRG has effectively offered ice cream to the Australian manufacturers on death row which, while better than no ice cream, does not alter their fate. The combined effect of not biting the bullet on asset valuation methodology and capacity being locked up by incumbents means NT gas, whether new offshore or existing onshore, will struggle to mitigate the economic carnage visited upon Australian manufacturers and their often unionised workforce as their products will soon be sourced offshore.

Source: NT News – Wednesday, 14 June 2017

NT News - Wednesday, 14 June 2017