Commencement of SPCF commissioning activities

Key points

• SPCF gas commissioning has started with Shenandoah South 2 pad
• SPCF is crucial for delivering gas to the Northern Territory market
• Facility can process up to 50 TJ/d, with 40 TJ/d contracted to NTG

Full summary

Tamboran Resources Corporation, in partnership with Daly Waters Infrastructure, LP, has begun gas commissioning activities for the Sturt Plateau Compression Facility (SPCF). The SPCF, a 50/50 joint venture, is essential for transporting gas from the Shenandoah South Pilot Area to the Northern Territory market. The facility is designed to process up to 50 TJ/d of gas, with 40 TJ/d contracted to the Northern Territory Government (NTG) under a long-term, take-or-pay gas sales agreement. The project remains on schedule and within the P50 gross budget of A$141 million. During the commissioning phase, gas will be sold to the NTG at a discounted rate, consistent with industry practice.

Guidance

SPCF construction on schedule, within P50 gross budget of A$141 million

Outlook

Tamboran Resources expects to deliver first gas sales to the NTG under the long-term GSA, powering Northern Territory businesses and residences.