Central Petroleum to commence gas sales with Incitec Pivot

Company News

by Rachael Jones

Central Petroleum (ASX:CTP) has announced that its customer Incitec Pivot (ASX:IPL) has advised Central that its Gas Sales Agreement with Incitec will commence on the 3rd of January 2019 when the Northern Gas Pipeline commences Commercial Operations.

Central also announces that the new Field Boost Compressor at Mereenie is now successfully running meaning that all of the Mereenie Facility Upgrade equipment is available to deliver gas to customers.

Central Petroleum (ASX:CTP) are trading 3.23 per cent higher at 16 cents
 

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.