APA Group, Australia’s largest gas infrastructure company, has signed a Memorandum of Understanding (MOU) with Comet Ridge Galilee and Vintage Energy, which will bring more gas to the east coast.
The MOU includes commencing an in-field work program to select a pipeline route to connect Queensland’s Galilee Basin to gas markets.
Under the MOU, APA, Comet Ridge and Vintage agreed to a framework for working together towards entering into a Gas Transportation Agreement (GTA).
APA would build, own and operate new pipeline infrastructure and other related infrastructure to transport gas from Comet Ridge and Vintage’s Galilee Basin Project, initially to Moranbah in Central Queensland, with a second phase of pipeline development to connect east coast gas markets via APA’s East Coast Grid.
The MOU enhances and progresses the mutually beneficial relationship formed under an earlier MOU signed in May 2016.
APA Group CEO and Managing Director, Mick McCormack, said, “We are pleased to be progressing to the next stage of work with Comet Ridge and Vintage to enable the development of the Galilee Basin as a new source of gas for Australia’s east coast.
“APA continues to work collaboratively with gas producers in the Galilee and Bowen basins to enable gas resources to be connected to market. The interconnected nature of APA’s East Coast Grid will enable producers, such as Comet Ridge and Vintage, to explore opportunities to market their gas.
“APA’s infrastructure continues to proactively connect more gas resources with gas markets to meet the needs of customers.”