KEYFACT Energy
Central Petroleum Limited welcomes today’s final determination from the ACCC to authorise joint marketing of Mereenie gas for the Mereenie Joint Venture for three years.
Central agrees with the statement of ACCC Chairman Rod Sims that joint marketing allows further conventional gas in the Mereenie field to be developed sooner than it otherwise would, and Central looks forward to increasing supply to, and therefore competition in, the east coast gas market.