The agreement with AGL was "to supply between 9 PJ and 16 PJ to AGL over a period of approximately four and a half years" (as per MEL announcement 19/04/22) or thats 3.55PJ per year (using the upper limit of 16PJ) supply to AGL. I suspect it might be at the low end 9PJ if they get a good price for the gas, if its the lower end 9PJ, then thats 2PJ per year to AGL. Vali production is targeting 4.65PJ per year which leaves 1.65P (using 16PJ) outside the AGL contract and when Odin comes into production of 2.51PJ per year, that will increase the combined production outside the agreement to 4.16PJ per year.
MEL Price at posting:
2.1¢ Sentiment: Buy Disclosure: Held
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