Australia's NuEnergy Gas hits over three-month high on Indonesia contract execution
01/07/2026 05:44
BUZZ-Australia's NuEnergy Gas hits over three-month high on Indonesia contract execution ** Shares of Australia's NuEnergy Gas NGY.AX jump as much as 103.6% to A$0.057, their highest since March 26
** Clean energy firm said on Tuesday that it executed a fully funded contract with PT Beijing Energy Linking for the development of Tanjung Enim in Indonesia
** Contract value for the project is about $88 million - NGY
** Around 9.2 mln shares change hands, nearly 37.7x 30-day average
** NGY up 29.4% YTD
(Reporting by Keshav Singh Chundawat in Bengaluru)
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