CTP ann -- New Gas Supply Agreement Central today announces that it has signed a GSA with Arafura for the supply of up to 6.85 PJ of gas over five years from 2026. The GSA is for firm gas supply ex-field, with take-or-pay provisions and a fixed price that escalates with the consumer price index. Gas supplied under the GSA will be aggregated with existing Mereenie gas supply from MM, NZOG and Cue to deliver up to 27.4 PJ of gas to Arafura from 2026. Consistent with Central’s broader marketing activities, the ex-field pricing under the GSA reflects strong market conditions. Arafura is developing the Nolans rare earth project, 135 kilometres north of Alice Springs, targeting one of the world’s largest undeveloped Neodymium and Praseodymium resources, critical to meeting rapidly growing global demand for electric vehicles and renewable energy technology
