https://newsletter.mw.creamermedia.com
Energy|Gas|Infrastructure|PROJECT|SECURITY|Infrastructure
Energy|Gas|Infrastructure|PROJECT|SECURITY|Infrastructure
energy|gas|infrastructure|project|security|infrastructure

Comet Ridge cements first offtake at Mahalo

Image shows a handshake

Photo by Reuters

19th September 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – ASX-listed Comet Ridge has signed its first gas sales agreement for the Mahalo gas hub, inking a seven-year agreement with Queensland-owned CleanCo.

CleanCo will take 3 PJ a year of natural gas from the Mahalo Gas hub, with the total contract volume ranging between 21 PJ and 25 PJ, with supply to start in a 12-month window between July 2025 and June 2026.

“We know that East Coast Australia needs more gas for decades to support consumers and jobs in vital industries, as well as to partner with renewables as we transition to net zero. Comet Ridge is very pleased to be working with CleanCo to bring a new source of energy to Queensland that will make a valuable contribution to energy security, and to enable CleanCo to manage its overall energy mix to minimise its carbon emissions,” said Comet Ridge MD Tor McCaul.

“For our shareholders, this is an exciting development as it is a major milestone towards taking final investment decision on the development of our natural gas reserves in the Mahalo gas hub,” McCaul said.

“The Mahalo gas hub has the potential to be a multi-decade, low-cost, high production project which has great access to infrastructure and potential for significant resource upside. We are at the beginning of an opportunity to make a valuable contribution to East Coast Australia’s energy security for many years to come.”

Edited by Creamer Media Reporter

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Kriel Occupational Health Centre
Kriel Occupational Health Centre

Occupational health services, mobile clinics, wellness campaigns, aviation.

VISIT SHOWROOM 
ECG Engineering
ECG Engineering

ECG provides specialised electrical engineering services to the Mining, Utilities, Materials Handling and Industrial industries, with extensive and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

FAM Minerals & Mining South Africa team
FAM Minerals & Mining launches in South Africa
30th January 2026 By: Darren Parker
Transnet, RBCT, Exxaro manganese make headlines
Transnet, RBCT, Exxaro manganese make headlines
30th January 2026
Magazine cover image
Magazine round up | 30 January 2026
30th January 2026

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.098 0.182s - 129pq - 2rq
Subscribe Now