June 9 (LNGJ) - Tamboran Resources, an Australian oil and gas exploration and production company, said the government of Australia’s Northern Territory had provided the company with exclusivity over a 170-hectares (420-acres) site for a proposed LNG development using feed gas from the Beetaloo Basin.
Tamboran said it was proposing the NTLNG project with an initial capacity of 6.6 million tonnes of LNG per annum and with the potential for expansion subject to completion of a concept selection study, successful Beetaloo appraisal drilling and flow testing and other government approvals. “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,” Tamboran said in a statement to the Australia Securities Exchange where it is listed on the OTC market.
