Senex Energy Limited (Senex) has announced a long-term domestic gas sales agreement with Adbri Limited (Adbri) to supply up to 11 petajoules (PJ) of natural gas to support Adbri’s South Australian manufacturing operations to 2030.
Under the seven-year agreement, Senex will supply natural gas from January 2023 to Adbri at the Moomba Gas Hub at a fixed price, in line with current market levels.
Senex Managing Director and CEO, Ian Davies, said the company was proud to supply Adbri, who is a leading cement manufacturer in the Australian market.
“Senex is delighted to welcome Adbri as a new long-term customer into our growing portfolio of leading manufacturers and power generators, broadening our reach throughout the east coast of Australia,” Mr Davies said.
“We look forward to building another strong and mutually beneficial relationship that supports jobs, the economy and helps meet Australia’s energy demand as it transitions to a lower-carbon future.”
CEO of Adbri, Nick Miller, welcomed the new gas supply agreement with Senex.
“We are pleased to execute this long-term agreement that helps underpin our low-cost and low-carbon cement manufacturing operations in South Australia, whilst also supporting the economy and local jobs,” Mr Miller said.
“I commend the Senex team for its responsive, flexible and open approach to meeting our energy needs. We look forward to continuing to build our new relationship.”