Outlining the significance of the funding Transport and Infrastructure Minister Dr Chris Burns said the financial support forms part of the Northern Territory’s biggest budget spend on infrastructure.
Funding will be divided into three sections with $7 million dedicated for a bulk loading facility, $2 million for a new incinerator and $10.3 million for oil pipelines and associated equipment for bulk fuel liquids.
Stage Two of the East Arm Wharf development has an overall budget of $93.2 million, including the construction of oil transfer pipelines, and is expected to be completed later this year.
