OIL & GAS
The Australian Petroleum Production and Exploration Association (Appea) has welcomed the South Australian government’s commitment to invest A$24-million to help fund five gas exploration and development projects as part of its Plan for Accelerating Exploration (Pace). South Australia Resource Minister Tom Koutsantonis on Friday said the grants would generate up to A$174-million in new investment by oil and gas companies in local production projects.
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