Despite the claims to the contrary by the Northern Territory government, development of the Beetaloo Basin’s gas resources will be of little benefit to Territorians.

Modelling used by the NT government itself shows that the development of the Beetaloo Basin will not diversify the NT economy, aid the transition to net zero emissions, provide cheap gas to the east-coast, nor significantly boost government revenues.

The Beetaloo Basin gas development will further entrench the NT economy’s petrostate-like reliance on the oil and gas industry, crowding out other industries. It will also increase fossil fuel profits and global greenhouse gas emissions.