Senex signs another offtake at Project Atlas

ASX-listed Senex Energy has inked another domestic gas sales agreement over its Project Atlas.

The company on Tuesday announced that it had signed a sale agreement for up to 10.5 PJ of natural gas to glass-packaging manufacturer O-I Australia. The five-year agreement would see Senex supply 1 PJ of gas a year, starting in 2021, with O-I able to elect to increase the total contract volume by up to an additional 1.1 PJ a year over a five-year term, starting no earlier than January 2022.