Ashurst has advised Jemena Limited on its Gas Processing and Transport Agreement and a Project Agreement with Senex Energy to build, own and operate the Atlas Gas Processing Plant and Pipeline (AGPP).

The AGPP will connect Senex’s new ‘Atlas’ gas field in the Surat Basin in south-east Queensland with Jemena’s Darling Downs Pipeline and the Wallumbilla Gas Hub - the largest gas hub in Australia.

Jemena will invest around A$140 million to build the gas plant and 60km pipeline which is capable of transporting approximately 40TJs of gas per day. Jemena’s solution leverages the Darling Downs Pipeline which provides direct access to the Wallumbilla gas hub and offers Senex flexibility to sell its gas to a broad range of Australian gas customers.

Lead partner Paul Newman (Resources & Utilities) comments: "This is a significant transaction for Jemena and builds on its successful acquisition of the Darling Downs Pipeline in 2017. We are very pleased to be involved in these types of projects which result in the development of Australia's gas network and the servicing of the Australian domestic gas market."

Paul was assisted by partner Justin Jones (Competition); senior associate Caroline Lindsey (Resources & Utilities); partner Mark Disney and counsel Laura van den Berg (Infrastructure); with counsel Trent Chugg (Global Loans).
 
Ashurst previously advised Jemena on the acquisition of the Darling Downs Pipeline in July 2017.