Total
0
Shares
Market Herald logo

Subscribe

Be the first with the news that moves the market

Senex Energy has agreed on a domestic gas sales agreement for up to 3.25 petajoules of natural gas with CSR Limited. This agreement marks Senex’s first domestic gas contract from the Company’s Project Atlas project. 

CSR plans to use the gas in three of its manufacturing plants in the South-East of Queensland. These plants make PGHbricks, Gyprock plasterboard, and Bradford insulation where 260 staff will work across the suburbs of Brendale, Coopers Plains, and Oxley. 

This three-year agreement will see Senex supply CSR’s subsidiary: CSR Building Products Limited with 0.65 PJ of gas a year, which will commence on the 1 January 2020. If CSR chooses to, it can extend the agreement by a further two years. 

Senex’s Managing Director and CEO Ian Davies has said the Company is “delighted to secure CSR as a customer and support this key Queensland manufacturer of essential building products.” Senex is also proud to be supporting local manufacturing and jobs. 

Please find the announcement attached

SXY by the numbers
More From The Market Herald

" CIM propose $840M 2019 profits with digital shift

CIMIC Group Executive Chairman expects a 2019 performance of $790m  million $840 million.

" Scheme order issues $400M in annual income

Doray Minerals Limited has announced orders made by the Supreme Court of Western Australia on 28 March 2019, which approved a share and

" Orion raise $8M ahead of BEE project re-structure

Orion Minerals Limited has received commitments from sophisticated and professional investors to raise $8 million at $0.04 per share.

" E2 Metals raise $2.2M for Argentina drill program

Aussie explorers E2 Metals has secured $2.2 million in funding to accelerate drilling.