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Beetaloo Energy Australia Signs MOU With Australian Gas Infrastructure Group

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Beetaloo Energy Australia (ASX:BTL) signed a non-binding memorandum of understanding (MOU) with Australian Gas Infrastructure Group to plan and develop gas transportation and associated infrastructure supporting its proposed Beetaloo Digital data center development in the Northern Territory, according to a Monday filing with the Australian bourse.

The parties will undertake preliminary assessments on a gas pipeline from the Carpentaria Gas project to future demand centers in Darwin, the filing said.

Beetaloo Energy shares rose nearly 1% in morning trade Monday.

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