South Erregulla Power Station Approved

Strike is the largest holder of gas resources in Western Australia’s Perth Basin with a net combined 1,022 petajoules, or PJ. Growth in resource positions via exploration drilling has been rapid and is ongoing. In a vertically integrated manufacturing strategy, the firm had aimed to take low-cost natural gas from its fields as feed stock for production of urea using renewable energy. However, this more complex plan has been superseded by a gas acceleration strategy which targets up to four sources of gas production coming online by the end of 2025, to be supplied direct to domestic gas customers. The change of heart was enabled by improved WA gas prices, and due to financing for direct-to-market projects becoming available.