Tamboran delivers first gas sales from the Beetaloo Basin

Key points

• First gas sales from Beetaloo Basin to Northern Territory gas market
• Contracted to deliver full 40 TJ/d by early 2027
• Initial volumes sold at discounted price during commissioning period

Full summary

Tamboran Resources Corporation and its joint venture partner, Daly Waters Energy, LP (DWE), have successfully delivered the first gas volumes from the Shenandoah South Pilot Project in the Beetaloo Basin, Northern Territory. This marks the first delivery of gas from the Beetaloo Basin to the Northern Territory gas market, providing affordable and secure energy to the region. The company expects to ramp up to the full 40 terajoules per day (TJ/d) contracted to the Northern Territory Government under a long-term take-or-pay agreement by early 2027. During the commissioning period, Tamboran and DWE will receive a discounted price for the gas, reflecting the interruptible nature of supply during this period.