Westside has confirmed gas sale agreements with Alinta Energy and CleanCo Queensland, totalling 5.84 petajoules (PJ) over three years.
Under the agreement with Alinta Energy, Westside and its joint venture partner Mitsui E&P Australia, will deliver a total of 3.65 PJ from 2022-2023.
CleanCo Queensland will Spruchase 2.19 PJ of gas over 2023 and 2024 to fuel Swanbank E, its highly efficient 385 MW gas-fired power station near Ipswich in south-east Queensland. Swanbank E plays a key role in ensuring the ongoing reliability and stability of Queensland’s electricity network and allows CleanCo to offer low-emissions, reliable power to customers.
The gas will be sourced from Westside-operated Greater Meridian fields in Queensland’s Bowen Basin, which currently has an average daily production of 39 terajoules (TJ) on a gross basis.
In addition, the company has secured separate gas transportation agreements with Jemena to deliver the purchased gas to Queensland’s central gas hub at Wallumbilla.
Chief executive officer Matt Wallach said the gas sales agreements would diversify the company’s customer base and pricing mix.
“With a strong record of production growth and reliable delivery, Westside has emerged as a significant gas producer,” Wallach said.
“Through these GSAs we’re pleased to be contributing to increased supply to the domestic east coast market, in line with government policy objectives.”