OIL & GAS
Multinational oil and gas major Shell and its joint venture (JV) partner PetroChina have approved a major gas supply deal that will bring to market Arrow Energy’s significant gas reserves in the Surat basin of Queensland.
The JV partners have approved a 27-year deal between Arrow and Queensland Curtis Liquefied Natural Gas (QCLNG), which Shell owns in a JV with another Chinese oil major, CNOOC.
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