Gas from the southern Cooper basin PEL 96 gas project will be delivered to Austral Bricks under a gas supply option agreement.
The gas will be delivered at a rate of 1.25PJ of gas per year over a 10-year term, at a fixed price, starting in 2017.
Austral Bricks will pay a fee if the PEL 96 joint venture goes ahead with a pilot production test, and will have the option to opt in when a decision is made by the joint venture to proceed with the project.
Strike
