Gas explorer Equus Energy signs its first gas sales agreement with Alcoa, making the US company the project’s foundation customer. The deal provides the equivalent of about 5% of Western Australia’s domestic gas market and is structured as a decade-long supply arrangement.
The agreement comes as Equus Energy’s project moves toward a final investment decision. Business coverage highlights that the contract is a key milestone because it secures an anchor buyer from among the state’s largest domestic gas users. One outlet reports the market-equivalent scale of the supply, while another emphasizes that Equus shares rise following the announcement and frames Alcoa as the largest customer for WA domestic gas.
Overall, both reports describe the same core development: Equus and Alcoa execute a long-term gas supply deal that supports progress toward the project’s next approval and investment steps.
