Tamboran Resources Begins Gas Commissioning at Sturt Plateau Compression Facility

MT newswire2026/09/01 12:31

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

08:31 AM EDT, 09/01/2026 (MT Newswires) -- Tamboran Resources (TBN) joint venture Sturt Plateau Compression Facility Trust has begun gas commissioning of the facility using gas from the Shenandoah South 2 well pad, the company said Tuesday. The facility can process up to 50 terajoules per day of gas, with 40 TJ/d contracted to the Northern Territory Government of Australia under a long-term gas sales agreement, the company said. Construction remains on schedule and within the 141 million Australian dollars ($100.8 million) budget, the company said, adding that it expects to begin gas sales to the Northern Territory Government soon.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

The U.S. Energy Information Administration (EIA) has raised its forecast for average Brent crude oil prices in 2026 and 2027 to $97 and $86, respectively, reflecting pressures from global inventory declines, Middle East supply disruptions, and rising transportation costs. As oil production in the Middle East gradually recovers and global inventories rebound from low levels, the EIA expects the average spot price of Brent crude to fall to $87 per barrel in the second quarter of 2027, and further decline to $77 per barrel by the fourth quarter.

华尔街见闻•2026/11/10 18:41