MARKETS

APA takes FID for $450m gas pipeline at Hunter Power

AUSTRALIAN energy infrastructure company APA Group (ASX: APA) has reached a final investment decision to build the Kurri Kurri lateral pipeline to connect the Hunter Power project to the existing Sydney-Newcastle pipeline. It is expected to cost A$450 million.

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APA-Group.jpg

APA will build and operate a 20-kilometre-long gas transmission pipeline and a 70-terajoule gas storage facility, according to the 30-year gas transportation and storage agreement it signed with Snowy...

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