Taroom Gas Infrastructure MOU signed with AGIG
Source: www.gulfoilandgas.com 10/21/2024, Location: Not categorized
HIGHLIGHTS
• Elixir executes MOU with Australian Gas Infrastructure Group (AGIG)
• AGIG is one of the largest gas infrastructure businesses in Australia
• The MOU promotes developing new gas infrastructure for Elixir’s Taroom Trough gas
resources
Elixir Energy Limited (“Elixir” or the “Company”) is pleased to announce the execution of a non-binding
Memorandum of Understanding (MOU) with AGI Development Group Pty Ltd, a part of the Australian
Gas Infrastructure Group (AGIG).
The MOU provides the parties with an initial framework under which to investigate the potential
development of gas infrastructure assets to support the possible future production of gas from Elixir’s
Grandis Gas Project in the Taroom Trough.
The key elements that the parties will initially consider will be in the areas of a new gas transmission
pipeline to the Wallumbilla Hub; processing and compression facilities; and, gas storage facilities. The
parties may seek to bring in parties such as the owners of other complementary upstream assets and
Government bodies into this process.
