Australian Gas Groups To Work On Moomba Hub

Australian oil and gas group SANTOS Ltd, the largest gas supplier in the country, and its partners in South West Queensland signed an agreement with Origin Energy Ltd for the gas swapping between Queensland and the Moomba gas field.

The conditional agreement is supposed to provide Origin Energy Retail with access to up to 200 petajoules (PJ) of gas at the Moomba Gas Hub in central Australia, with room to increase the quantities.
The first gas under the agreement is expected to occur within the next three months.
The amount of gas to be swapped in 2004 will depend on South Australian and New South Wales requirements.
Origin has agreed to deliver gas produced in its central Queensland fields to the South West Queensland Gas Producers at Roma in Queensland.
The producers will then use this gas to meet part of their customer requirements in south-east Queensland. In return for the gas from Origin, the producers will redirect (swap) an equal quantity of Cooper Basin produced gas to Origin at the Moomba Gas Hub.