Tamboran Resources Limited (AU:TBN) has released an update.
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APA Group has signed key agreements with Tamboran Resources and Daly Waters Energy to develop the Sturt Plateau Pipeline in the Northern Territory, with construction set for completion by early 2026. The $66.5 million project is part of APA’s strategy to enhance its gas transmission network, addressing potential domestic gas shortfalls and supporting energy security. This infrastructure will play a crucial role in ensuring a steady gas supply from the Beetaloo Basin to the Northern Territory as existing sources dwindle.
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