Senex completes Surat basin development in Queensland, Australia
Australian firm Senex Energy has completed its A$400m ($278m) Surat basin natural gas development project in Queensland, Australia.
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Australian firm Senex Energy has completed its A$400m ($278m) Surat basin natural gas development project in Queensland, Australia.
Posco International, a trading and energy firm under Posco Group, said Thursday that its Australian subsidiary Senex Energy has signed seven consecutive supply deals for natural gas with multiple international companies. Senex Energy has agreed to provide some 133 petajoules of natural gas -- an amount that can produce about 250 million metric tons of liquefied natural gas -- to seven companies, including Australia...
Australian oil and gas producer Senex will provide 42 petajoules of gas to AGL, starting in 2025.
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The risk to future investment from the Australian Government's radical intervention in the gas market has been demonstrated, with Senex Energy pausing a $1...