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Https://www.kbc.co.ke/roundtable-on-benefits-of-natural-gas-for-population-and-economy-held-in-south-africa/

“The International Roundtable titled “The Benefits of Natural Gas for the Population and the Economy” was held today in Johannesburg (South Africa). The event took place under the auspices of the African Energy Chamber with support from Gazprom.“

“ “Considering that the Government of the Republic of South Africa pursues the economy decarbonization policy, gas can become an effective solution to satisfy the demand for energy, as renewable energy sources cannot provide uninterrupted energy supplies. Therefore, I believe that Gazprom’s experience in natural gas liquefaction and gas pipeline construction projects can be of interest to our South African partners,” said Ilya Rogachev.

“Wider use of natural gas will help Africa solve a number of problems, from economic to social and environmental ones. We are confident that it is essential for Africa to discover all the advantages brought about by this type of fuel. We see potential in cooperation with African countries and we can offer them our unique expertise and our experience in technology. Gazprom is open to discuss constructive and mutually beneficial proposals which could facilitate economic development and improve the lives of people in African countries,” said Dmitry Khandoga.

“More than 600 million people in sub-Saharan Africa do not have electricity. And 900 million people, most of them women, do not have access to clean cooking technologies – these technologies are either absent or there is a lack of them. Even if we look at this single problem alone, we see that it makes sense to use the rich gas resources of the continent. As Africa needs industrialization, the use of affordable and abundant natural gas will encourage the creation of a significant number of jobs, as well as possibilities for the strengthening of potential, economic diversification and growth,” said NJ Ayuk.”

Most news items are about Shell and BP.

“ Australia's sole newbuild liquefaction proposal has now penned offtake memorandums of understanding (MOUs) with BP and Shell, giving a boost to the long-stalled LNG buildout prospects Down Under.

Tamboran Resources proposed this month its 6.6 million ton per year Northern Territory LNG (NTLNG) export project in the Middle Arm Sustainable Development Precinct, an industrial area that is already home to the Ichthys and Darwin LNG export facilities.

The project, Australia's 11th liquefaction plant, would bring the country's nameplate liquefaction capacity from 87.8 million tons/yr to 97.1 million-99.6 million tons/yr, depending on North West Shelf capacity.

Rapid Acceleration

The MOUs cover the purchase of up to 2.2 million tons/yr of LNG for each of BP and Shell over a 20-year period, representing about two-thirds of total expected plant output.

“BP and Shell are two of the world’s largest LNG portfolio trading and energy companies and provide important and credible counterparties for Tamboran to progress financing discussions to support the sanctioning of the NTLNG project," said Tamboran Managing Director and CEO Joel Riddle.

The LNG developer intends to progress discussions with both European majors ahead of completing front-end engineering and design work on the plant next year, with finalized LNG sale and purchase agreements ideally in place in 2025.

Riddle applauded Tamboran's potential offtake partners for showing "significant support" for the project through "accelerated discussions" — efforts he suggested were rooted in serving critical LNG demand growth markets in the wider Asia-Pacific region.

NTLNG is the swift culmination of plans to expand liquefaction capacity in the Northern Territory after the regional government opened the door to shale gas fracking in the Beetaloo Basin last month. Tamboran is the largest acreage holder and operator in the Beetaloo, with about 1.9 million net acres to its name.”

https://www.energyintel.com/00000188-e877-d210-a9e8-eeffd4530000

Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:

“The A2H well is only the sixth horizontal well drilled and stimulated to date in the Beetaloo Basin and we continue to take each well as a learning opportunity. The well was successfully drilled with an increase in stimulated stages and proppant compared to the Amungee NW1H well, located on the same well pad. We believe the initial results from the A2H well are not indicative of the underlying production potential of the Mid Velkerri 'B Shale' in the Amungee area.

“Modelling of the well rates and independent third-party testing of fluids recovered from the well identified potential skin that seems to be inhibiting flow from the well. Despite the potential skin, the well is still delivering approximately 0.83 mmscfd, with tracer data showing a good distribution of flows across the entire stimulated section. The Beetaloo JV are currently assessing clean-up options with plans to undertake a clean-up campaign during the third quarter of 2023.

“Lessons learned from the four wells drilled and stimulated to date in across Tamboran's Beetaloo Basin permits will be incorporated into the proposed upcoming two-well drilling program. The program includes drilling the SS1H well in the deeper EP 117 acreage and the A3H well in the Amungee region, with operations commencing during the third quarter of 2023.

“The decision for the SS1H well location follows analysis of the Tanumbirini wells in the Santos-operated EP 161 permit, which showed Marcellus Basin production type-curves from the wells drilled in the Tanumbirini area. Specifically, at T3H, which has demonstrated a 20-year EUR of approximately 18.5 BCF for a future proposed 3,000-metre development well.

“This result demonstrates the enormous productivity within the deeper regions of the Beetaloo Basin and gives us confidence that improved results can be achieved at SS1H.

“On completion of flow testing at SS1H and A3H, and clean-up activities at A2H, the BJV will assess the performance and productivity of each region ahead of a potential sanctioning of a Flare Avoidance Project or pilot development, which could accelerate gas sales into the tightening NT Gas market.”

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