Senex Energy completes Project Atlas natural gas pipeline

Company News

by Rachael Jones

Senex Energy (ASX:SXY) has completed the Project Atlas natural gas pipeline.

In June 2018 Senex partnered with major energy infrastructure provider Jemena to build, own and operate a 15 petajoule per year gas processing facility and a buried pipeline to the Wallumbilla Hub.

Jemena has now reached mechanical completion of the pipeline, less than three months since construction began in July.

The first gas sales are expected by the end of this calendar year.

Project Atlas will supply major Queensland manufacturers including CSR, Orora Limited and O-I Australia.

Shares in Senex Energy (ASX:SXY) closed 2.86 per cent lower at 34 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.