Strike Energy Enters into Gas Sales Agreement with Perth Energy

Source: www.gulfoilandgas.com 4/6/2022, Location: Not categorized

Strike Energy has entered into a long-term Gas Supply Agreement with Perth Energy (AGL Limited). Strike will supply a total of 14.6PJ of gas to Perth Energy on a firm basis expected to commence in 2024, for a period of 5 years.

The gas supply will be sourced from Strike’s low-cost Perth Basin gas and delivered into the WA gas transportation network. The commencement of the supply is subject to conditions which are usual for a developer of greenfield gas resources.

Strike’s Managing Director & Chief Executive Officer, Stuart Nicholls said:

'The agreement with Perth Energy demonstrates Strike’s commitment to supplying the Western Australian domestic gas market with low-cost Perth Basin gas and validates the role of these fast to market supplies filling the projected mid-decade market shortfalls.

'Strike’s domestic gas marketing has confirmed the competitive environment for buyers to secure new long term gas supply agreements, which is being reflected in the WA spot market, with the highest gas prices seen since 2013.

'Strike expects these dynamics to continue as it looks to develop and secure additional market share through the commercialisation of its portfolio of Perth Basin gas discoveries.'


Australia >>  11/28/2022 - Woodside Energy has shipped an LNG cargo to Europe on board the Woodside Rees Withers from Australia’s North West Shelf and delivered it to Uniper ...
Mozambique >>  11/23/2022 - The President of Mozambique, Filipe Jacinto Nyusi, visited and inaugurated the Coral-Sul FLNG installation, located in the ultra-deep waters of the Ro...

Russia >>  11/22/2022 - The Gazprom Board of Directors took note of the information about the development prospects of the shale gas and liquefied natural gas (LNG) industrie...
United Kingdom >>  11/22/2022 - Neptune Energy has called on the UK Government to support regulatory changes to the country’s gas entry specifications to deliver more domestic gas to...

United States >>  11/22/2022 - Sempra (SRE) announced that its subsidiary, Sempra Infrastructure, and ConocoPhillips (COP) have executed a 20-year Sale and Purchase Agreement (SPA) ...
China >>  11/21/2022 -  QatarEnergy entered into a 27-year Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 4 millio...




Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.