Senex, CleanCo Sign New Gas Deal
Sydney-listed Senex Energy has signed a new gas sales agreement with fellow Australian power generator CleanCo Queensland for 2.55 petajoules (2.4bn ft3) of natural gas in 2022, it said on March 9.
The one-year agreement starting on January 1, 2022, brings Senex’s total contracted volumes with CleanCo to more than 5.1 petajoules over the 2020-2022 calendar years. Gas will be supplied at the Wallumbilla gas hub in Queensland at a fixed price in line with current market levels, Senex said.
Senex-produced natural gas fuels Swanbank E, Queensland government-owned CleanCo’s 385 MW gas-fired power station near Ipswich in south-east Queensland.
“The strong ongoing relationship between Senex and CleanCo contributes to security of power supply that helps the recovery of the Queensland and Australian economies,” Senex CEO Ian Davies said. “Senex will continue to build a portfolio of gas sales agreements that support jobs and regional economies as we partner with commercial and industrial customers for long-term and mutually beneficial relationships.”