Central Petroleum Limited (AU:CTP) has released an update.
New Zealand Oil & Gas has inked new gas supply agreements with the Northern Territory Government and amended an existing contract with Arafura Rare Earths, enhancing its role in the region’s energy sector. The deals, which include provisions for potential additional gas sales and extended supply conditions, reinforce NZO’s commitment to stable energy supply and support for renewable energy transitions. Amidst extended Northern Gas Pipeline outages, these strategic moves secure a reliable gas provision and reflect the company’s expanding influence in the Australasian energy market.
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