Northern Territory plans CCUS hub at Middle Arm
The Northern Territory government has signed an agreement with federal government-backed Commonwealth Scientific and Industrial Research Organisation and industry members to explore the possibility of a carbon capture utilisation and storage (CCUS) hub in the state, the government said on October 27.
The agreement will see all parties, including Inpex, Santos, Eni, Woodside, Xodus Group and Origin Energy, develop a joint business case to assess the viability of a large-scale CCUS hub at Middle Arm in Darwin.
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The government said that the hub would enable the state to meet the growing demand for low-carbon energy, both domestically and internationally. It will also accelerate the creation of low emission manufacturing and enable carbon from other industrial sectors to be captured and stored.
“With increasing demand for low carbon products, the hub also presents a significant investment opportunity, with confidence the Territory is committed to future-proofing development in a net-zero emissions future,” the state government said.
Australia’s peak oil and gas body Appea said the agreement is another active step towards reducing emissions and generating more jobs in the Northern Territory.
‘’Carbon capture and storage is a game-changer and Australia can lead the way. To fast-track, the business case for this hub in the Northern Territory shows how the oil and gas industry is taking an active role in reducing emissions. The success of this hub will also show how it can be done in other parts of Australia,” Appea Northern Territory director Cassy Schmidt said.