Australia Pacific LNG Executes New Domestic Gas Supply Agreements
03.19.2024 By Tank Terminals - NEWS

March 19, 2024 [Australia Pacific LNG]- Australia Pacific LNG has sealed two new gas sale agreements, solidifying its commitment to the domestic market by supplying a total of 11.2PJ to energy retailers Origin and Shell Energy. These agreements boost Australia Pacific LNG’s contribution to the domestic market for the 2024 calendar year to over 150 PJs.

The completion of these agreements marks the conclusion of Australia Pacific LNG’s Expression of Interest process, through which an additional 70 PJ of gas was offered to the East Coast domestic market for supply between April 1 and December 31, 2024.

Khoa Dao, chief executive officer, highlighted the significance of the EOI process in demonstrating Australia Pacific LNG’s dedication to ensuring ample supply in the domestic market. He emphasised the importance of supplying additional gas volumes during the winter period, when demand typically peaks.

The EOI process was conducted in accordance with Australia Pacific LNG’s commitments under the Federal Government’s Heads of Agreement and Gas Market Code of Conduct, reaffirming the company’s adherence to regulatory standards and industry best practices.

Free Trial: Access 13,300 Tank Terminal and Production Facilities

13,300 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

UAE Invests Billions in AI to Diversify Economy Beyond Oil
11.13.2024 - NEWS
November 13, 2024 [Oil Price]- The United Arab Emirates’ state-owned energy giant Abu Dhabi Nat... Read More
Gulf Energy Transition: Assessing Saudi and Emirati Goals
11.13.2024 - NEWS
November 13, 2024 [The Washington Institute]- On October 29, during Saudi Arabia’s annual Futur... Read More
How will The Energy Sector Fare Under Donald Trump?
11.13.2024 - NEWS
November 13, 2024 [Investing Daily]- The energy sector experienced a notable boost following Dona... Read More
PNOC, Pertamina Partner on LNG Infrastructure, Supply Chain
11.13.2024 - NEWS
November 13, 2024 [Manila Bulletin]- State-run Philippine National Oil Company (PNOC) has signed ... Read More