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Strike reaches new gas deal with Orica

Independent oil and gas company Strike Energy has struck a new gas sales agreement with Orica International to supply up to 64 PJ of gas from the Southern Copper Basin gas project.

The new gas sales agreement replaces an agreement struck in 2014 for the supply of up to 250 PJ of gas, with the gas to be supplied post ramp-up at a rate of 6.4 PJ a year, at an improved price.