Queensland Gas Company (QGC) today announced a new agreement to supply up to an additional 4 petajoules of gas to the Braemar Power Station in south-east Queensland. QGC Managing Director, Richard Cottee said the new agreement is on top of the existing QGC supply to Braemar and will bring QGC’s total operated output under firm contracts to 23.1 PJ/annum by August 2007, of which QGC’s equity is 18.5 PJ/annum. “The Braemar extension contract will ramp-up from February 2007 to a peak daily flow rate ~ approximately 5.5 PJ/annum”, Mr Cottee said.
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QGC Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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