Sell with Confidence
Read More
News

Darwin to Supply Japan with Gas

Darwin will eventually supply Japan with 10 per cent of the country's liquified natural gas (LNG) demands, according to Territory Chief Minister Adam Giles.

Projects like the Ichthys and Conoco Phillips Darwin LNG projects mean the city has the resources to triple the supply of gas to Japan, he said.

The Northern Territory could have trillions of cubic feet of natural gas in its six sprawling basins, and there are plans to further develop the energy sector.

"I am firmly convinced that the future development of the Australian energy sector will require the provision of connecting gas pipelines from these emerging Northern Territory onshore resources to Australia’s existing national energy grid," said Mr Giles.

The proposed development will bring more jobs and boost the economy. More workers in the area is good for those considering investing in property in Darwin, as there may be increased demand for housing.

Mr Giles said he has actively been building support for the development of new infrastructure in the area and that Darwin is in a prime spot to take advantage of the influential economies of Asia, such as those of Japan, China and Vietnam.

Up to Date

Latest News

  • Darwin Market Outlook – 2020

    January has got off to a flying start for the Darwin rental market with a clear increase in tenant activity evident from increases across the board in open inspection attendance and enquiry. All very positive signs to kick off the year. In the month of January Ray White Darwin saw … Read more

    Read Full Post

  • What To Expect When Leasing in The Wet Season

    It’s no secret that the wet season is that time of year most landlords like to avoid when it comes to leasing, of course there are many reasons for this but have you considered that there might also be some positive aspects of leasing at this time of year? Below … Read more

    Read Full Post