
Senex inks supply agreement but won’t commit
GINA RINEHART-backed Senex Energy has entered into a conditional gas supply agreement with AGL for 42 petajoules of gas from its Atlas expansion project in Queensland, but warned it may not commit to it. On Friday, Senex said in a press release it would support the domestic market, but only if the government provided a “satisfactory resolution” to regulations recently introduced. It follows a decision by Senex to halt investment at its Atlas project, in protest against a swathe of government interventions imposed on the upstream gas industry from December last year. On Monday the company could not commit to the expansion, but in the same breath said it hoped to ensure secure and reliable supply for the domestic market.