APA Group
(ASX:APA) has signed a three year extension to an existing gas transportation agreement (GTA) with Incitec Pivot Limited
(ASX:IPL).
The agreement supports the continuing operation of IPL’s Gibson Island manufacturing plant until January 2023
.
APA says it is proud to be helping keep Australian manufacturers operating and hundreds of Australians employed.
The agreement comes after IPL secured gas supply from a new permit release near Chinchilla, Queensland.
Shares in APA
(ASX:APA) are trading 0.68 per cent lower at $10.17.
