The agreement will see APA earn total revenues in the order of $40 million over the contracted period of three years from 2018.
“This is sixteenth contract entered into by APA in the east coast market since 1 August 2017, and I am pleased to see this agreement come together and facilitate the flow of more gas into east coast domestic markets,”said APA Managing Director Mick McCormack.
“This type of deal is a example of the energy industry working together and responding to market conditions.
“The flexibility provided by APA’s interconnected grid and service offerings allows the industry to provide cost effective solutions for Australia’s energy challenges.”
