Oz Senex Sells Roma North Facility to Jemena
Senex Energy June 17 announced it had agreed to sell its Roma North natural gas processing facility and pipeline in Queensland to energy infrastructure operator Jemena for A$50mn (US$34mn) and entered into a long-term gas tolling agreement.
Senex began construction of the Roma North gas processing facility and pipeline in November 2018. Construction has been completed on-time and on-budget, with commissioning now underway, it said.
The completed facility comprises four gas compressors providing approximately 16 terajoules/day (427mn m3/day) of initial gas processing capacity, a dehydration unit to remove water from the gas and a 5.6km pipeline connection to the Comet Ridge to Wallumbilla Pipeline. The initial capacity can be expanded to about 24 TJ/day, with potential for further doubling of capacity up to approximately 48 TJ/day.
Under the terms of the agreements, Jemena will take ownership of the facility and pipeline on the achievement of agreed performance tests, expected in September 2019. Jemena will then process and transport natural gas from Senex’s Western Surat developments to market under a long-term gas tolling arrangement.
Upon completion, Jemena will own and operate the gas processing facilities at both of Senex’s Queensland natural gas developments, Roma North and Project Atlas. Proceeds from the sale will support the continued development of Senex’s Surat Basin natural gas developments and other growth projects, the company said.
Senex has already partnered Jemena for the Atlas Gas Processing Plant and Pipeline (AGPP), connecting Senex’s Atlas gas field in the Surat Basin in southeast Queensland with Jemena's Darling Downs pipeline and the Wallumbilla gas hub – the largest gas hub in the country.
In June 2018 Senex partnered with gas infrastructure firm Jemena to build the processing facility at Atlas project and deliver first gas to the domestic market by late 2019. Jemena has awarded the construction contract for this facility to Valmec, an Australian-owned energy services group.