"This is about securing our energy future in the NT," she said.
In short: The agreement with Tamboran Resources will provide the NT with 40 terajoules of gas per day starting in 2026, NT chief minister Eva Lawler says.
The gas will come from fracking the Beetaloo Basin, a large shale gas field about 500 kilometres south-east of Darwin.
What's next? According to an ASX announcement, the deal will last for an initial term of nine years, with the option to extend until 2042.