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APA completes Orbost buy

Creamer Media Senior Deputy Editor: Australasia
Australian energy company Cooper Energy has completed the sale of the Orbost gas plant to fellow-listed APA Group. The two companies in June this year struck an agreement under which APA would spend some A$270-million to purchase and upgrade the Orbost gas processing plant, to process natural gas from Cooper Energy’s Sole gasfield, on the Victorian coast.

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