Vintage Energy has announced the commencement of gas supply for the Odin gas field located in the South Australian Cooper Basin.
Production began in September and has flowed in line with expectations, the company said.
Gas produced from the field will go towards Pelican Point Power, a joint venture between ENGIE Australia and New Zealand and Mitsui & Co Ltd until the end of December 2024.
Pelican Point Power is a 497 megawatt (MW) gas power plant regarded as a critical infrastructure asset for energy security in South Australia.
The Vali-Beckler pipeline connection has also completed, which will assist in supplying gas to south-east Australia.
Vintage Energy managing director Neil Gibbins said the announcement is a significant milestone for the company.
“Odin is expected to be a valuable complement to our existing production from Vali, with differences in producing zones, completion and contract,” Gibbins said.
“I would like to acknowledge what has been an outstanding effort by our team and our suppliers to bring Odin online safely and on schedule.
“This is the culmination of a concerted effort to execute concept engineering studies, commitment to a two-phase connection, pipeline installation, securing of ACCC authorisation and gas supply agreement contracting so gas could flow within what was a tight schedule.”
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