Tamboran plans to launch Northern Territory LNG plant by 2030

Australian firm Tamboran is targeting first LNG production from its proposed 6.6 mtpa LNG plant in Northern Territory by 2030 after it secured land for the development.

According to a statement by Tamboran, the Northern Territory government has provided the firm exclusivity over 170-hectares (420-acres) on the Middle Arm Sustainable Development Precinct for its project, Northern Territory LNG (NTLNG).

The LNG project would receive low reservoir CO2 gas from the onshore Beetaloo Basin, it said.

Furthermore, the government has allocated the Middle Arm acreage on a “do not deal” basis for twelve-months, allowing Tamboran to progress a concept select phase for the proposed NTLNG development, the firm said.

The Middle Arm Sustainable Development Precinct is located on a peninsula south of Darwin that already hosts the Inpex-led Ichthys LNG plant and also the Santos-led Darwin LNG terminal.

Tamboran said the site under exclusivity would host an LNG plant with an initial capacity of 6.6 mtpa, but with the potential for expansion.

It remains subject to completion of the concept select study, successful Beetaloo appraisal drilling and flow testing, and also government approvals, the firm said.

Tamboran plans to launch Northern Territory LNG plant by 2030
Image: Tamboran

FID by 2026

Tamboran claims NTLNG represents the first fully integrated onshore LNG development in Northern Australia where upstream, midstream, and downstream production and processing are based in the Northern Territory.

The firm is targeting first LNG production by 2030, with a near-term commitment to ensure
Australia’s Northern Territory and East Coast gas markets are “well supplied”.

Also, FEED studies remain ongoing for the proposed 100 million standard cubic feet per day (mmscfd) domestic pilot development, with volumes contracted to Australia’s Origin Energy for 10-years, it said.

“If deemed commercial, Tamboran aims to sanction the proposed LNG development by 2026, with first volumes anticipated to commence by 2030,” Tamboran managing director and CEO, Joel Riddle, said in the statement.

“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,” he said.

- Advertisements -

Most Popular

Adnoc picks South Korean yards to build six LNG carriers

UAE’s energy giant Adnoc has selected two South Korean shipbuilders to build six liquefied natural gas (LNG) carriers following...

Golar says progress made on new FLNG deal

Floating LNG player Golar LNG is working to sign definitive agreements for an up to 20-year FLNG deployment. In February,...

Aethon to buy Tellurian’s upstream assets for $260 million

Dallas-based private investment firm Aethon Energy Management has agreed to buy Tellurian’s integrated upstream assets for $260 million. The...

More News Like This

Inpex: Ichthys terminal sent 34 LNG cargoes in Q1

Japan’s Inpex has shipped 34 LNG cargoes from its Ichthys export plant in Australia during the January-March period of...

Origin reports lower APLNG revenue

The Australia Pacific LNG project logged lower revenue during the quarter ending March 31 compared to the same quarter...

Australia Pacific LNG names new CEO

Australia Pacific LNG, the operator of the 9 mtpa LNG export facility on Curtis Island near Gladstone, has appointed...

Update: Australia Pacific LNG ships 1000th cargo

Australia Pacific LNG, the operator of the 9 mtpa liquefied natural gas export facility on Curtis Island near Gladstone,...