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    ExxonMobil extends Aussie gas supply contract

Summary

The Gippsland is one of Australia's most prolific basins.

by: William Powell

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ExxonMobil extends Aussie gas supply contract

US major ExxonMobil has extended its gas supply contract with Oceania Glass, Australia’s only manufacturer of architectural flat glass, it said May 24. In all, the producer has found an outlet for 60 PJ of its Gippsland Basin gas in the last two years. it said.

ExxonMobil said the company would continue to invest in delivering gas from the Gippsland Basin which, "after more than 50 years, the Gippsland Basin remains the largest single source of gas supply to the east coast domestic market."

In April, ExxonMobil announced it had commissioned the West Barracouta project, which is set to be the largest new source of domestic gas for the Australian market this decade.

“Investment in projects like West Barracouta, mean that Gippsland gas continues to flow to the Australian market, supporting local manufacturers, such as Oceania Glass, and the thousands of Australians who rely on their products,” it said.