Amplitude Energy Secures Foundation Gas Agreement for East Coast Expansion
Amplitude Energy (ASX: AEL) is an Australia-based gas producer focused on meeting domestic demand in the Southeast region. Its operations are underpinned by established long-term supply agreements and a pipeline of exploration and development opportunities.
Amplitude Energy Limited has executed a binding Foundation Gas Sales Agreement (GSA) with EnergyAustralia for the supply of 30 petajoules of gas from the East Coast Supply Project (ECSP). The agreement provides for 7.5 petajoules per annum over an initial four-year term, with pricing fixed and subject to annual CPI escalation. Gas deliveries are targeted to commence in the second half of 2028, subject to exploration success and a Final Investment Decision for the project.
This agreement reinforces Amplitude Energy’s long-standing partnership with EnergyAustralia and highlights continued demand for dependable domestic gas supply in Southeast Australia. The company is also progressing discussions with other potential customers as it advances the ECSP toward development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Amplitude Energy Secures Foundation Gas Agreement for East Coast Expansion
Amplitude Energy (ASX: AEL) is an Australia-based gas producer focused on meeting domestic demand in the Southeast region. Its operations are underpinned by established long-term supply agreements and a pipeline of exploration and development opportunities.
Amplitude Energy Limited has executed a binding Foundation Gas Sales Agreement (GSA) with EnergyAustralia for the supply of 30 petajoules of gas from the East Coast Supply Project (ECSP). The agreement provides for 7.5 petajoules per annum over an initial four-year term, with pricing fixed and subject to annual CPI escalation. Gas deliveries are targeted to commence in the second half of 2028, subject to exploration success and a Final Investment Decision for the project.
This agreement reinforces Amplitude Energy’s long-standing partnership with EnergyAustralia and highlights continued demand for dependable domestic gas supply in Southeast Australia. The company is also progressing discussions with other potential customers as it advances the ECSP toward development.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au