Echelon Signs Gas Supply Agreement for Kupe
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| Stock | ECH.ASX (ECH.ASX) |
|---|---|
| Release Time | 24 Jun 2026, 9:04 a.m. |
| Price Sensitive | Yes |
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Echelon Extends Kupe Gas Supply Agreement
Key Points
- Echelon signs a three-year extension for Kupe gas supply agreement with Genesis Energy
- Agreement includes inflation-linked pricing escalation
- Deal supports local jobs and economic activity
- Echelon holds a 4% stake in the Kupe permit
Full Summary
Echelon Resources Limited (ASX: ECH) has extended its gas supply agreement with Genesis Energy Limited for Kupe gas for an additional three years. The agreement includes pricing reflective of current market conditions, with inflation-linked escalation. Echelon's CEO, Andrew Jefferies, highlights the importance of this deal in supporting local jobs and economic activity while providing essential gas to the market.
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