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AUSTRALIA

Origin finalises Conoco deal

ORIGIN Energy has completed its transaction with ConocoPhillips to form a coal seam gas to liquefied natural gas joint venture and received an upfront payment of $US5 billion ($A6.9 billion) from Conoco.

Marija Stojkovic
Origin finalises Conoco deal

The joint venture, called Australia Pacific LNG, intends to develop Australia's largest CSG reserves base into a 14 million tonne per annum CSG to LNG plant. First investment decision for train 1 is...

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