21 July 2025

Intergas Pty Ltd (“Intergas”) announces that it has entered into a brokerage relationship with PPG South East Energy LLC (“PPG”), further strengthening Intergas’s international market presence and its capacity to support the execution of physical energy transactions across global supply chains. The relationship reflects Intergas’s continued focus on energy security, market integrity, and the responsible facilitation of cross-border energy flows in support of Australia’s evolving energy system.

Australia’s east-coast gas market is undergoing structural change. Declining production from legacy basins, increasing exposure to global price signals, and growing demand variability driven by renewable integration have heightened the importance of supply flexibility and system resilience. The Australian Energy Market Operator has consistently highlighted the role of firm and dispatchable gas supply in maintaining reliability across the National Electricity Market, particularly during periods of peak demand and adverse weather conditions.

In this context, access to international energy markets and diversified sources of supply is increasingly relevant. Intergas operates at the intersection of global supply and regional demand, facilitating the physical movement of energy commodities, including natural gas and LNG, into markets where domestic supply constraints and infrastructure limitations create challenges for reliability and affordability. Intergas’s activities are focused on the practical execution of physical transactions, supporting counterparties through structured, transparent, and commercially disciplined market engagement.

This approach is consistent with the policy and market perspectives articulated by AEMO and industry participants, including Squadron Energy, which recognise that gas continues to play a critical role in Australia’s energy mix during the transition to lower-emissions generation. While renewable capacity will continue to expand, firm energy remains essential to balancing intermittency, supporting system security, and ensuring continuity of supply for industrial users and essential services.

The brokerage relationship with PPG enhances Intergas’s ability to engage with a broader network of international producers, intermediaries, and end-users, particularly in key supply regions. PPG’s experience in physical energy markets complements Intergas’s regional execution capabilities, enabling more efficient structuring of transactions that align with Australian regulatory frameworks, logistical requirements, and evolving market conditions.

Intergas approaches energy markets with the discipline and long-term perspective expected of established international energy participants. Through strategic partnerships and active engagement with global supply networks, Intergas seeks to contribute to a resilient and well-functioning energy system that supports Australia’s economic stability and energy transition objectives. The relationship with PPG reflects this commitment and Intergas’s continued investment in capability, scale, and market relevance.