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Northern Territory Government Australia
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New fuel stop to drive petrol prices down

Posted: 17 October 2014

The Northern Territory Government has moved to help drive down the price of fuel by offering prime land for a new fuel-stop offering discounted prices.

“The government is stimulating greater competition in the fuel market by offering this industrial site adjacent to the high traffic Tiger Brennan Drive and Wishart Road intersection for a new ‘Truck Central’ fuel station and associated transport industry services,” Chief Minister Adam Giles said.

The 16 hectare site has been put out to market via an Expression of Interest process.

The government envisages that the site will feature an 8.9 hectare truck and car fuel station, a 24 hour restaurant, a possible truck wash, other automotive services such as mechanical and tyre repairs, as well as commercial space servicing the transport industry.

Expressions of Interest close on 26 November. Selected applicants will later be invited to enter formal bids to lease this prime piece of land on one of our busiest intersections.

For more information, contact (08) 8944 0900 during business hours or visit www.ldc.nt.gov.au/industrial/TruckCentral.shtml

Driving fuel price transparency

Posted: 15 October 2014

The Northern Territory Government has released a draft Bill for public discussion which is aimed at getting transparency in fuel prices.

The draft legislation sets out a framework for retailers in major centres to disclose their fuel costs and profits to the Commissioner for Consumer Affairs each month.

It is intended that after checking the data and compiling it in a consumer-friendly format, the Commissioner will publish the information.

This legislation is initially aimed at retailers. But there is flexibility for it to be extended if necessary to prevent integrated retail and wholesale companies from transferring profits to earlier parts of the supply chain.

The draft Bill includes heavy penalties for failure to comply, as well as wide-ranging powers for the Consumer Affairs Commissioner to force the disclosure of required information.

The draft legislation will be tabled during the upcoming Parliamentary sittings.

You can read and comment on the draft by visiting the Fuel Price Summit website.

NT gas pipeline goes out to market

Posted: 13 October 2014

Basin and pipeline mapThe Northern Territory Government has granted Major Project Status to the proposed gas pipeline linking the Territory and East Coast gas grids and will now begin a formal search for investors.

“The construction of this gas pipeline is an infrastructure project of national significance. It’s also a matter of urgency for the eastern states which are fast approaching an energy security crisis,” Chief Minister Adam Giles said.

"I am pleased to announce that the Territory Government is about to start a formal process for potential investors to express their interest in building and operating the pipeline.”

There will be an industry briefing held in Alice Springs on 31 October to explain the project to potential investors, with formal Expressions of Interest opening at the end of November.

Any resource industry stakeholders requiring further information about the Expression of Interest process are asked to contact Jason Schoolmeester, Executive Director, Economic Development, Department of the Chief Minister (jason.schoolmeester@nt.gov.au).