Matthew Canavan (Queensland, Liberal National Party, Minister for Resources and Northern Australia) Share this | Hansard source

I'm happy to inform the Senate that the deal that was announced earlier this week by Incitec Pivot will benefit from the pipeline reforms that the government has progressed in this area. The gas to Incitec Pivot will be delivered from the Northern Territory via the Northern Gas Pipeline, which is due to be completed later this year. The Central Petroleum managing director, Richard Cottee, said that he is 'absolutely convinced' that the deal wouldn't have been possible without recent pipeline reforms driven by the federal government and the competition regulator. These pipeline reforms include requirements on pipeline companies to provide the market with more information about gas flows and to establish binding arbitration to resolve negotiation disputes. By allowing more of these deals to occur to transport gas around the country, we are able to make sure that gas is supplied to where it's needed and when it's needed—and it supports jobs.