AUD

CTP: CTP's gas supply for Arafura to be re-marketed for sale

Posted on 16/04/2025

Central Petroleum

Central Petroleum Limited (ASX:CTP) (“Central” or “Company”) advises that the Arafura gas supply agreement (“GSA”) for Arafura’s Nolan’s rare earth’s project (“Nolan’s Project”), including gas supply contracts with Central’s other Mereenie joint venture partners, has lapsed due to the condition precedent (being Arafura’s board approving a final investment decision of the Nolan’s Project) not being satisfied on or before the 31 March 2025.

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CTP's gas supply for Arafura to be re marketed for sale