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