SYDNEY, Nov 27 (Reuters) - Australia's Northern
Territory government said on Wednesday it has written to Chinese
company Landbridge ( LB ), operator of Darwin Port, about its financial
obligations and will discuss the future of the port with the
federal government.
Landbridge ( LB ) has a 99-year lease on the commercial port in
Australia's northern city, Darwin, which also hosts a rotating
force of 2,000 U.S. Marines and Australian air force and naval
bases that have become key to Australia's defence strategy.
Northern Territory Treasurer Bill Yan said the government
had "written to Landbridge ( LB ) seeking further information about
their financial status, and ability to meet their payment
obligations".
This information would guide the government's next steps on
the operation of the port, he added.
Darwin Port said its parent company was offloading assets in
China to avoid selling the port.
"Darwin Port remains a key asset of the group, noting its
recent performance, continued strong growth prospects as a
gateway to Asia, and its positive contribution and engagement
with the local economy," non-executive director Terry O'Connor
said in a statement.
Yan will discuss the matter with Infrastructure Minister
Catherine King, in the capital, Canberra, on Thursday.
"The Northern Territory is reviewing our rights, and our
future action will be made in the best interests of
Territorians," he said.
The awarding of the port contract to Landbridge ( LB ) in 2015 in a
A$506 million ($390 million) deal came a few years after the
United States posted the first of a rotating group of U.S.
Marines in Darwin, and was criticised by the administration of
then-President Barack Obama.
The size and scope of U.S. military rotations through
northern Australia, and the strategic importance of northern
bases, has been boosted after an Australian defence review last
year said China was undertaking the largest military buildup of
any country since the end of World War Two.