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 3PJ 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.
PERTH – 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 3PJ 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.
“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.”
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