Ann: Blue and EnergyAustralia Sign Gas supply HOA, page-45

The three biggest domestic gas users are Energy Australia, Origin and AGL. They are all trying to secure long term gas from anywhere they can. From the The Australian last week -

"Origin, the operator of Queensland’s $25bn APLNG gas export project, hinted at its ambition to sign a gas offtake deal at its investor day last week, noting it was talking to a number of suppliers including LNG import terminals.“We are also looking and working very hard on additional supply options and we’re talking directly to producers in LNG import terminals. We’re making real progress there as well,” Origin’s executive general manager for supply and operations Greg Jarvis said at the investor day.“We are deep in discussions with long-term supply post-2023. We’re talking to all the producers and the LNG import terminals. And again, we’ve made real progress there and we’re hopeful of an outcome in the new year.”New & improved business newsletter. EnergyAustralia, one of Australia’s big three power retailers, reached a preliminary agreement worth $500m with the Port Kembla plant to buy 15 petajoules of gas from January 1, 2021 but remains the only confirmed buyer to date. The NSW import plant would supply 100 petajoules of gas annually, equivalent to 75 per cent of the state’s demand.

BLU will lock in 500PJs in a heart beat given scrable for supply now imo. Remember this would still only be a fraction of their massive 3000PJ net Bowen resource.

The article linked in previous post suggested their 100PJ deal with EA would be approximately $670m in revenue over 10 years at current prices. Times that by 5 if they can get to 500PJ's