Comet Ridge pens gas supply pact with CleanCo Queensland
This is the company's first gas supply agreement.
Stay updated with breaking news from Comet Ridge. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
This is the company's first gas supply agreement.
Some gas projects have been delayed by over 12 months, while much of gas marketing to customers has yet to resume.
This is a significant development for Comet Ridge, as it secures a major customer for its gas production from Mahalo North gas project in Queensland.
Natural gas developer Comet Ridge has inked a memorandum of understanding (MoU) with ammonia producer Orica on potentially signing a long-term gas offtake agreement at Comet Ridge’s Mahalo North gas project. Under the MoU, the parties will commit in the coming months to progressing an initial gas sales agreement and development funding structures through term sheet and binding documentation phases.
Extra Edition of the Broker Call Report