News: CTP Central Petroleum Says Executed Gas Sales Agreement With Incitec Pivot, page-2

Announcement from Jemena on the IPL transportation contract for CTP Gas


The following link gives an insight into the MAC/CTP utilisation of the NGP1



http://jemena.com.au/about/newsroom...a-and-senex-partner-to-fast-track-new-gas-(1)


Pertinent extracts...

• The new agreements will see Jemena partner with Incitec Pivot Limited (IPL) to transport at least 32 TJs of gas per day.

• Jemena’s agreement with IPL is in addition to its 2015 agreement with the Northern Territory’s Power & Water Corporation to transport 31 TJs of gas to IPL’s Phosphate Hill facility for 10 years.

• Mr Boey said the new agreement with IPL will see the manufacturer access an additional 32 TJs of gas per day from the expected commencement of the NGP’s commercial operations in December 2018 to 31 December 2019, with an option for extension.

• Today’s announcement means Jemena has contracted volume on the NGP to 70% of what will be its total available capacity in year one of its operations.

• “Discussions with other parties are also well advanced, and we remain confident that NGP will be fully contracted by the time it is operational later this year” said Mr Boey.

Included in this announcement as well....

Today’s agreement comes shortly after Jemena announced that it has signed an agreement with Senex Energy to build, own, and operate the Atlas Gas Processing Plant and Pipeline, connecting Senex’s new ‘Atlas’ gas field in the Surat Basin in south-east Queensland with Jemena’s Darling Downs Pipeline and the Wallumbilla Gas Hub - the largest gas hub in the country.​

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Regards OGP​