Tamboran secures land for proposed NT LNG development
The Northern Territory government has granted Tamboran Resources, a Beetaloo-focused gas company, exclusivity over a 170-hectare site within the Middle Arm Sustainable Development Precinct for the proposed Northern Territory LNG (NTLNG) project, Tamboran announced on June 9.
This project aims to develop a fully integrated onshore LNG facility in the Northern Territory, with upstream, midstream, and downstream operations based in the region. The NTLNG development is expected to be supported by the gas sourced from the Beetaloo basin.
The exclusivity period allows Tamboran to progress through the ‘concept select’ phase for the NTLNG project, which includes conducting studies, appraisal drilling, flow testing in the Beetaloo basin, and obtaining necessary government approvals. The site has the potential to host an initial LNG capacity of 6.6mn metric tons/year, with the possibility of expansion in the future.
Tamboran aims to begin LNG production by 2030, with a focus on ensuring sufficient gas supply for the Northern Territory and east coast gas markets. The company is also conducting front-end engineering design (Feed) studies for a proposed 100mn ft3/day domestic pilot development, with Origin Energy already contracted for the purchase of volumes over a 10-year period.
“This is an exciting opportunity for Territorians, which not only has the potential to deliver significant jobs in Darwin and the Beetaloo basin over the long term, but also deliver hundreds of millions of dollars in royalties to the Northern Territory government and Native Title Holders, as well as benefits to the regional community and across the NT,” Tamboran CEO, Joel Riddle, said.
The Middle Arm Sustainable Development Precinct, located south of Darwin, is already home to the Ichthys LNG and Darwin LNG developments.
Tamboran's exclusivity over the 170-hectare region at Middle Arm allows them to progress their NTLNG project while working within the precinct's Strategic Environmental Assessment (SEA) framework.