Senex Energy completes Project Atlas natural gas pipeline
Senex Energy (ASX:SXY) has completed the Project Atlas natural gas pipeline.
In June 2018 Senex partnered with major energy infrastructure provider Jemena to build, own and operate a 15 petajoule per year gas processing facility and a buried pipeline to the Wallumbilla Hub.
Jemena has now reached mechanical completion of the pipeline, less than three months since construction began in July.
The first gas sales are expected by the end of this calendar year.
Project Atlas will supply major Queensland manufacturers including CSR, Orora Limited and O-I Australia.
Shares in Senex Energy (ASX:SXY) closed 2.86 per cent lower at 34 cents.
Copyright 2019 – Finance News Network
Source: Finance News Network
