Oil and Gas News

Senex signs domestic gas agreement with CleanCo

Atlas expansion project

Senex Energy has signed a one-year agreement with CleanCo Queensland for 2.55 petajoules of natural gas from Project Atlas in the Surat Basin, Queensland.

As part of the agreement, Senex will supply natural gas from January 1, 2021, with gas supplied at the Wallumbilla gas hub at a fixed price in line with current market levels.

Senex managing director and chief executive officer Ian Davies said the company was proud to be helping power homes and businesses throughout Queensland with cleaner energy.

“The increase in supply of Atlas gas to CleanCo is a great outcome for Queensland, enabled by the state government’s policy to support the domestic market,” Davies said.

“As strong demand for domestic gas supply continues, new gas sales agreements are being negotiated to further de-risk future Atlas revenue streams and strengthen overall business resilience.”