AUSTRALIA

Wallumbilla Gladstone pipeline sale finalised

AUSTRALIA's largest natural gas infrastructure business, APA Group, has completed the purchase of BG Group's 543km pipeline network linking its Bowen-Surat basin CSG fields with the newly commissioned Queensland LNG facility at Gladstone.

Wallumbilla Gladstone pipeline sale finalised

APA, which already owns $12 billion of energy assets, paid a final price of $US4.6 billion [$A5.9 billion], which was at the lower end of BG's expected band of $US4.5-5 billion when the sale was agreed...

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