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Senex Energy Signs New Gas Sales Agreement with Opal

02 Sep 2021  |  08:32:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: Senex and Opal sign new gas sales agreement

Senex Energy announced a gas sales agreement with Australian packaging and paper manufacturer Opal, for up to six years and up to 12 PJ of natural gas. Opal, a member of the Nippon Paper Group, produces sustainable fibre packaging and paper solutions. Opal directly employs more than 4,000 employees across its operations, with over 80 sites in Australia and NZ. Under the initial four-year agreement starting 1 January 2023, the Company will provide around 8 PJ of natural gas to support the Opal Paper and Recycling division's manufacturing operations at Botany, NSW, at a fixed price, in line with current market levels.

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