AUSTRALIA

Gas sale runs into overtime

ICON Energy and China's Shantou SinoEnergy have agreed to extend the completion date for a gas sales agreement to allow for satisfaction of conditions.

Gas sale runs into overtime

The agreement for the sale of 40 million tonnes of LNG over 20 years to the Chinese company from Icon's ATP 855 permit in Queensland was reached in March 2011. The extension is expected to be beneficial...

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