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BRIEF-Incitec Pivot says execution of long term gas agreement for Phosphate Hill Manufacturing Plant

Published 17/11/2015, 03:14 pm
© Reuters.  BRIEF-Incitec Pivot says execution of long term gas agreement for Phosphate Hill Manufacturing Plant
IPL
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Nov 17 (Reuters) - Incitec Pivot Ltd IPL.AX :

* Long term gas agreement for phosphate hill IPL.AX

* Says execution of a long term gas supply agreement for its phosphate hill manufacturing plant in north west Queensland

* New gas supply agreement will provide conventional gas to Incitec pivot's phosphate hill plant for approximately ten years

* Says agreement with power and water corporation (pwc), a northern territory government owned corporation

* Will purchase gas to support pwc's foundation gas transportation contract for pipeline to be constructed from tennant creek to mount isa

* Says deal restores gas to phosphate hill and is expected to result in gas costs decreasing by approximately $55 million per year

* Source text for Eikon ID:nASX3dYSN9

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