Sub 161 offers cleaner alternative to Solomon

VIRTUAL gas pipeline company Sub 161 has executed a take or pay contract with Fortescue Metals Group to supply the Solomon gas hub with 4 petajoules of compressed natural gas.

24 January 2014
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Based on an Asia spot price for LNG of about $US18 ($A20) per million British thermal units, the deal could be worth around $68 million.

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