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Senex and Orora agree domestic gas supply contract

Gasoil News - Published on Fri, 03 May 2019

Image Source: Twipu
Senex Energy announced that it has agreed a domestic gas sales agreement for up to 9.9 petajoules (PJ) of natural gas with leading manufacturer Orora. This agreement is the second domestic gas contract for Senex’s Project Atlas natural gas development project. Under an initial two-year agreement, Senex will supply Orora with 1.1 PJ commencing 1 January 2020 and 2.2 PJ commencing 1 January 2021 (3.3 PJ in total). Senex and Orora have also agreed a mechanism that could extend the term of the agreement by six years commencing 1 January 2022 for up to 6.6 PJ of gas.

Gas will be supplied at the Wallumbilla Gas Hub in Queensland at a fixed price in line with current market levels, indexed annually.

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Posted By : Rabi Wangkhem on Fri, 03 May 2019
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