The Australian government plans to invest in the Northern Territory in the coming years to transform the region into a liquefied natural gas (LNG), hydrogen and manufacturing hub as global energy supplies tighten.

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The government intends to invest $2.6 billion in infrastructure projects across the territory, including a $1.5 billion investment in the Middle Arm Peninsula, which is home to the Darwin LNG and Ichthys LNG export terminals.

“Darwin is close to our main international markets including Japan, Taiwan and South Korea. Each week, Darwin exports about three LNG cargoes,” said the government’s Kevin Fong, director of the Gas Taskforce in the Department of the Chief Minister and Cabinet. 

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