Last month Tamboran said it had received approval from the Northern Territory government to sell appraisal gas from the SS Pilot Project, after the Beetaloo JV and the government entered an agreement for the supply of 40 terajoules (tJ) per day from the project to the Northern Territory for an initial term of nine years starting in the first half of 2026.
“The BUG legislation has been a significant initiative undertaken by the government, which allows for gas volumes to be sold into the market during the exploration and appraisal phase of the project life. Gas that would have historically been flared on site will now be delivered into the local Northern Territory gas market, delivering much-needed energy security to the market that is predominantly powered by gas. It will also deliver accelerated royalties to the NTG and Native Title Holders”, he said.