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Cooper Energy, EnergyAustralia to extend gas sales deal
Australian independent Cooper Energy and Hong Kong-owned utility EnergyAustralia have agreed to extend a 5 PJ/yr (134mn m³/yr) gas sales agreement under their existing Sole field deal. Cooper will supply gas from its Sole field, in the Gippsland basin offshore Victoria state, for three years from January 2026. EnergyAustralia was an initial customer for Sole, which reached a final investment decision in 2017 and produced its first gas in 2020. Sole, Cooper's main producing asset, has struggled to meet expectations because of the Orbost Gas Processing Plant experiencing problems, capping its output to an average of ... (full story)