- The NT Government has approved Beetaloo Energy’s Beneficial Use of Gas application for sale of appraisal gas from EP187
- Gas will be sold to the NT Government under the existing 10-year gas sales agreement and supplied into the local NT market
- Minister for Mining and Energy, Gerard Maley said “This is a major milestone. Gas that would previously have been flared will instead flow directly into the local market from next year”
- Construction of the Carpentaria Gas Plant (“CGP”), purchased from AGL for $2.5m in 2023, can now proceed, with civil construction already well underway. The total installed cost of the CGP is expected to be materially lower than comparable new build plants
- Beetaloo Energy has all environmental approvals required for the construction of the CGP and the drilling, completion and tie-in of up to 10 additional wells, with the full, informed, prior consent of Traditional Owners
Source: Beetaloo Energy Australia