❓ Dr. Honey questions Synergy's gas and coal supply contracts, including volumes and expiry dates. The Minister cites commercial confidentiality for gas details but provides some information on the Premier Coal contract.
AnsweredQoN 617Legislative Assembly
QuestionView source ↗
I refer to Synergy’s power generation capacity, and ask: (a) How many gas supply contracts does Synergy have for gas supply to its gas plants; (b) What is the total contracted gas volume per annum; (c) What is the start and end date for each of those contracts; (d) What is the contracted annual volume of gas for each contract; (e) When does the contract for coal supply with Premier Coal end; and (f) What is the annual volume of coal under this contract?
AnswerView source ↗
Answered
14 February 2023
Responded by
Minister for Energy
Response time
9 days
The Member should be aware, these agreements to supply gas include one announced by the Hon Peter Collier when he was the Minister for Energy in November 2011. The gas supply agreements included an announcement regarding a 20-year contract with Gorgon Joint Venture that commenced in 2015.
(a) Synergy operates in a regulated competitive market with other market participants. Public disclosure of prices and other contractual terms impact on Synergy’s ability to negotiate future gas supply contracts. Due to this, the details of Synergy’s contractual arrangements with gas suppliers are commercial in confidence.
(b) As above.
(c) As above.
(d) As above.
(e) The contract is until 2030.
(f) The annual volume of coal varies under the contract in accordance with the contract terms.
Details of the annual volumes are commercial in confidence
(a) Synergy operates in a regulated competitive market with other market participants. Public disclosure of prices and other contractual terms impact on Synergy’s ability to negotiate future gas supply contracts. Due to this, the details of Synergy’s contractual arrangements with gas suppliers are commercial in confidence.
(b) As above.
(c) As above.
(d) As above.
(e) The contract is until 2030.
(f) The annual volume of coal varies under the contract in accordance with the contract terms.
Details of the annual volumes are commercial in confidence
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