APA Group Declares Interest in Queensland LNG Pipelines
02 Maggio 2013 - 5:06AM
Dow Jones News
By Ross Kelly
SYDNEY--APA Group (APA.AU) is interested in buying pipelines
that may be sold by large gas-export joint ventures, Chief
Executive Nick McCormack said.
"Absolutely we're interested," he said on the sidelines of a
conference Thursday. "They've got my phone number."
Joint ventures that include the participation of BG Group Plc
(BG.LN) and Origin Energy Ltd. (ORG.AU) have said they're
considering selling some project infrastructure such as pipelines
to boost capital. The ventures are designed to manufacture
so-called liquefied natural gas, or LNG, to be exported to Asian
utility companies.
Mr. McCormack said the ventures pay be particularly interested
in selling the core pipelines running from gas fields in Queensland
state's Surat Basin to the port of Gladstone on the coast. He added
that any deals would be more straightforward once the pipelines had
been built over the next year or so.
Write to Ross Kelly at ross.kelly@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
Grafico Azioni APA (ASX:APA)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni APA (ASX:APA)
Storico
Da Giu 2023 a Giu 2024
Notizie in Tempo Reale relative a APA Group (Borsa Australiana): 0 articoli recenti
Più APA Group Articoli Notizie