Loading ...Australia strikes the mother lode for natural gas — 400 year supply.
The head of a company developing gas in a vast 28,000km-wide Northern Territory basin south of Darwin says the site can provide the type of energy revolution Australia needs as a power crisis continues to plague the territory.
Empire Energy managing director Alex Underwood told Sky News his company expected to produce the first gas from the Beetaloo by mid-2025.
“Just in the next five or six weeks we’ll be drilling our first full-scale pilot development well and then all things going well, we’ll be installing the gas processing plant just after the wet season and commencing production from the Beetaloo from the middle of next year,” he said.
I get the sense that distribution (to end users) is a bitch.
So you always see lots of flaring at oil fields in north and west Texas.
No pipelines or not enough spare capacity.
LNG might be an option here. China and Japan should be interested.
Finding a suitable port outlet there could get dicey with all the protected lands up there near Darwin.
Build a power plant and let them mine for Bitty? LOL.